10. An entity enters into a promise three-year contract to clean customer's offices on a weekly basis. The customer to pay P100,000 per year. The stand-alone selling price of the services at contract inception is P100,000 per year. At the end of the second year, the contract is modified and the fe for the third year is reduced to P80,000. In addition, the customer agrees to extend the contract for three additional years te consideration of P200,000 payable in three equal anna installments of P66,667 at the beginning of years 4, 5 and 6. The stand-alone selling price of the services at the beginning of the third year is P80,000 per year. The entity's stand-alone selling price at the beginning of the third year, multiplied by the remaining number of years to provide services, is deemed to bez appropriate estimate of the stand-alone selling price of the mus year contract (i.e., the stand-alone selling price is 4 years * P80,00 per year = P320,000). At contract inception, the entity assesses the each week of cleaning service is distinct. Requirement: Compute for the amounts of revenue to a recognized on each year of the six-year contract