22. Which of the following is not an indicator that revenue can be recognized over time? A. The seller is enhancing an asset that the buyer controls as the service is performed. B. The customer consumes the benefit of the seller's work as the seller performs the service. C. The seller is creating an asset that has an alternative use to the seller, and the seller can receive payment for its progress even if the customer cancels the contract. D. None of these answer choices are correct. 23. Which of the following is not a characteristic of a distinct good or service? A. It can be used on its own or in combination with other goods or services the seller could obtain elsewhere B. It is not highly dependent on other goods or services in the contract C. It has a stand-alone selling price D. It is not interrelated with other goods or services in the contract 24. On July 15, 2021, Ortiz & Co. signed a contract to provide EverFresh Bakery with an ingredient- weighing system for a price of $90,000. The system included finely tuned scales that fit into EverFresh's automated assembly line, Ortiz's proprietary software modified to allow the weighing system to function in EverFresh's automated system, and a one-year contract to calibrate the equipment and software on an as-needed basis. (Ortiz competes with other vendors who offer ongoing calibration contracts for Ortiz's systems.) If Ortiz was to provide these goods or services separately, it would charge $60,000 for the scales, $10,000 for the software, and $30,000 for the calibration. contract. Ortiz delivered and installed the equipment and software on August 1, 2021, and the calibration service commenced on that date. How many performance obligations exist in this contract? A. 0 B. 1 C. 2 D. 3