A Ltd sells computer software to B Ltd on 1 Jul 20X8 for 800,000, a price which includes the provision of a support service for 2 years.

A Ltd sells this software to other customers without the support service for 700,000 and has other service contracts providing similar support at a price of 150,000 per annum.

Identify revenue in relation to support service only for the year ended 31 December 20X8 according to IFRS 15 Revenue from Contracts with Customers?

240,000

60,000

120,000

329,411