Exercise $6-3($Algo$)$ Allocating transaction price $[$L$06-4]$

Video Planet $($VP$)$ sells a big screen TV package consisting of a $60-$inch plasma TV$,$ a universal remote, and on$-$site installation by VP

staff. The installation includes programming the remote to have the TV interface with other parts of the customer's home entertainment

system. VP concludes that the TV$,$ remote, and installation service are separate performance obligations. VP sells the $60-$inch TV

separately for $$1,575,$ sells the remote separately for $$210,$ and offers the installation service separately for $$315.$ The entire package

sells for $$2,000.$

Required:

How much revenue would be allocated to the TV$,$ the remote, and the installation service?

Note: Do not round intermediate calculations.