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25 Homework - Unanswered Due Today, 10:00 AM Muleshoe Inc. signed a contract provide crop moisture monitoring systems to Farewell Farms on April 1, 2015.
25 Homework - Unanswered Due Today, 10:00 AM Muleshoe Inc. signed a contract provide crop moisture monitoring systems to Farewell Farms on April 1, 2015. The contract required Muleshoe to install 10 units of moisture measuring hardware at a Farewell pecan orchard on June 1, 2015, 30 units of hardware at a Farewell cotton field on August 1, 2015, and another 40 units of hardware at a Farewell guar farm on October 1, 2015. Monitoring and servicing of these units will be provided by an unrelated third party. The units can be used from the moment they are installed. The contract required one payment of $200,000 by Farewell on April 1, 2015. The estimated fair value of each unit was $3,000. How many performance obligations are imbedded in this contract? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer a One b TWO C Three d Four dx 9:06 PM 11/30/2020 E
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