On December 15, Year 1, a company receives an order from a customer for services to be performed on December 28, Year 1. Due to a backlog of orders, the company does not the perform the services until January 3, Year 2. The company sends a bill to the customer on January 4, Year 2 and the customer pays for the services on January 10, Year 2. When should revenue be recorded by the company, assuming the accrual method of accounting?

1. Dec. 15, Year 1
2. Dec. 28, Year 1
3. Jan. 3, Year 2
4. Jan. 4, Year 2
5. Jan. 10, Year 2