Nash Inc. sells prepaid telephone cards to customers. Nash then pays the telecommunications company, TeleExpress, for the actual

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3 years ago

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Nash Inc. sells prepaid telephone cards to customers. Nash then pays the telecommunications company, TeleExpress, for the actual

use of its telephone lines related to the prepaid telephone cards. Assume that Nash sells $4,000 of prepaid cards in January 2017. It then pays TeleExpress based on usage, which turns out to be 55% in February, 30% in March, and 15% in April. The total payment by Nash for TeleExpress lines over the 3 months is $3,000.
Indicate how much income Nash should recognize in January, February, March, and April. (If answer is 0, please enter 0. Do not leave any fields blank.)

January income$

February income$

March income$

April income$

Mathematics