The Maryam Co. had the following activities related to painting a Bakery:
Sept. 1 Signed a contract to paint the Bakery, $8,000.
Sept. 8 Purchased paint, $2,000.
Sept. 12 Hired painters, promising to pay $3,900.
Sept. 14 Received a deposit of $3,000 on the contract.
Sept. 18 The painting was completed to the satisfaction of the Bakery's manager.
Sept. 20 Bill mailed to Bakery, $5,000 balance due.
Oct. 8 Collected receivable from Bakery, $5,000 and the painters are paid.
On an accrual basis, when should Maryam recognize revenue on the contract?