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Question 4 A vendor enters into a contract with a customer to supply a licence for a standard off the shelf software package, install the software, and to provide unspecified software updates and technical support for a period of two years. The vendor sells the licence and technical support separately, and the installation service is routinely provided by a number of other unrelated vendors. The software will remain functional without the software updates and technical support. Required: Provide your own assumption, then show how to recognize revenue in each circumstance