According to IFRSs, how much revenue should each company record per quarter of each year? Calculate also the receivables per quarter for each company.

ew Window Help Tools BAMO10 Coursewo.. x 120% Tech is a software company that sells TPS Reporter, a software package that becomes obsolete in 2 years. The sale of each software package comes bundled with 2 years of training (delivered monthly) on how to use the software. Teth sells the software at a price of $6000 per package, inclusive of the training, which is valued at $3600 over the two years. Trode is a rival software company that sells an identical software package called TPS ReportMaker, which also becomes obsolete in 2 years. Trode sells the software "as a service", charging a monthly subscription fee to use the software of $250, which includes monthly training. The training is valued at $150 per month. At the beginning of 2016, Tech and Trode acquire two customers each. Each customer buys one software package along with the bundled training. This is all the business either company has done and ever will do. There are no returns or cancellations or customer non-payments Both firms are generous with their customers, and the customers of both firms are contracted to pa everything in 01 2018, the quarter after the software becomes obsolete, and nothing before The cost of the software for both firms is O, as both firms just copy open-source code. The cost of the training for both firms is also 0, because the training is all done via recorded webinars, Required