BlossomCompany follows IFRS and sells consumer-relationship software toKingbirdInc. to be used for three years. In addition to providing the software,Blossompromises to provide consulting services over the life of the contract to maintain operability within Hedges' computer system. The total transaction price is $157,500. Based on stand-alone values,Blossomestimates the consulting services have a value of $63,900and the software has a value of $93,600. Upon installation of the software on July 1, 2020,Kingbirdpays $94,500; the contract balance is due on December 31, 2020.

Q1: Identify the performance obligations and the revenue in 2020, assuming the performance obligations are interdependent.

Answer :

Performance Obligation: software sale and the consulting services

Revenue in 2020 : $ 26250

Q2: Identify the revenue in 2020, assuming the performance obligations are not interdependent.

Answer : Revenue in 2020 : $104250

My question is how to get the revenue in Q1 and Q2?