Attempt in Progress Wildhorse Company sells goods that cost $350,000 to Swifty Company for $415.000 on January 2 2020. The sales price includes an installation fee, which is valued at $35,700. The fair value of the goods is $389 300. The goods were delivered on March 1, 2020 Installation is considered a separate performance obligation and was completed on June 18, 2020. Under the terms of the contract Swifty Company pays Wildhorse $268,000 upon delivery of the goods and the balance at the completion of the installation (a) Using the five-step process for revenue recognition determine when and how much revenue would be recognized by Wildhorse. Assume IFRS is followed (Round percentage allocations to decimal places. 15.25 and final answers to decimal places.e.g. 5.275) When? How much Performance Obligation Deliverpoods . trist Total Textbook and Media List of Accounts S CD 2 5 3 7 6 9 8. 0 { T E R Y 0 1 Q S A D F G H 3 K A Z C V B N M V - command Op command