b) Mobile plc produces and sells mobile phones with one-year manufacturer's warranty. Mobile plc also provides technical support service and mobile games to its customers. The IT Teams of Mobile plc has recently developed a new mobile game to install on the mobile phone sold. Mobile plc offers a mobile phone and an installation of the new mobile game for 600. An 18-month technical support service is separately offered for 90. Alternatively, Mobile plc also offers a combined goods and service contract that includes these items for 552. The customer should make the payment of a combined contract due 21 days after the date of installation. Mobile plc sells a combined contract on 1 April 2021. The financial year of Mobile plc ends 31 March 2022. Required: Explain and show how manufacturer's warranty related to the mobile phone and each combined contract sold should be accounted for in Mobile plc's financial statements on 31 March 2022 in accordance with IFRS 15 Revenue from Contracts with Customers. b) Mobile plc produces and sells mobile phones with one-year manufacturer's warranty. Mobile plc also provides technical support service and mobile games to its customers. The IT Teams of Mobile plc has recently developed a new mobile game to install on the mobile phone sold. Mobile plc offers a mobile phone and an installation of the new mobile game for 600. An 18-month technical support service is separately offered for 90. Alternatively, Mobile plc also offers a combined goods and service contract that includes these items for 552. The customer should make the payment of a combined contract due 21 days after the date of installation. Mobile plc sells a combined contract on 1 April 2021. The financial year of Mobile plc ends 31 March 2022. Required: Explain and show how manufacturer's warranty related to the mobile phone and each combined contract sold should be accounted for in Mobile plc's financial statements on 31 March 2022 in accordance with IFRS 15 Revenue from Contracts with Customers