Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

On October 1st ,2022 Richer Co. sells home entertainment systems including a two-year repair and maintenance package for $10,000. Theprice of a home entertainment system without therepair and maintenance contract is $9,000and the price to renew a two-year maintenan cepackage is $2,000.

Required :
1. Howis the $10,000 contract price allocated to these parate performance obligations?