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Able sells a piece of equipment to Westfall for $1,800 on August 1. The equipment cost $1,000. The equipment is picked up by Westfall on

Able sells a piece of equipment to Westfall for $1,800 on August 1. The equipment cost $1,000. The equipment is picked up by Westfall on August 10. The contract also includes a 12 month service plan. How many performance obligations does Able have in this transaction?

a. 1 b. 2 c. 3 d. 4

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