Grier plc sells computer software to Amos Ltd on 1 April 20X7 for £180,000, a price which includes the provision of a support service for 2 years. Grier plc sells this software to other customers without the support service for £150,000 and has other service contracts providing similar support at a price of £25,000 per annum. LO6 How should this transaction be accounted for in the statement of profit or loss of Grier plc for the year ended 31 December 20X7 and the statement of financial position at that date according to IFRS 15 Revenue from Contracts with Customers?