House Proud Pty Ltd Is Operating a Promotion Selling Furniture

House Proud Pty Ltd is operating a promotion selling furniture under the following conditions:
 Initial deposit of 20% of purchase price.
 Immediate delivery of furniture.
 Interest rate of 12.5%pa charged on the outstanding balance.
 Repayment of the balance (including the interest) over 24 equal monthly instalments.
 House Proud retains legal title to the furniture until the final monthly payment has been made.
House Proud would recognise revenue as follows:

A) Recognise interest as it is received (monthly) and recognise the revenue on the sale of the goods once the final payment has been received.
B) Recognise all revenue as it is received
C) Recognise interest as it is received (monthly) and recognise the revenue on the sale of the goods upfront.
D) Recognise the whole amount of revenue upfront