Carla Vista Inc., an equipment dealer, sells equipment on January 1, 2021, to Martinez Company for $204400.
Also, on January 1, 2021, Carla Vista agrees to repurchase this equipment from Martinez Company on
December 31, 2022, for a price of $238500. At 1/1/21, Carla Vista should record
? a liability of $204400.
? sales revenue of $204400.
? sales revenue of $204400 and a liability of $34100.
? sales revenue of $204400 and interest expense of $34100.