Blossom Company follows IFRS and sells consumer$-$relationship software to Wildhorse Inc. to be used for three years. In addition to providing the software, Blossom promises to provide consulting services over the life of the contract to maintain operability within Wildhorse' computer system. The total transaction price is $\backslash (\backslash$$ $157,500\backslash ).$ Based on stand$-$alone values, Blossom estimates the consulting services have a value of $\backslash (\backslash$$ $63,900\backslash )$ and the software has a value of $\backslash (\backslash$$ $93,600\backslash ).$ On installation of the software on July $1,2023,$ Wildhorse pays $\backslash (\backslash$$ $94,500\backslash )$; the contract balance is due on December $31,2023.$