Hoprer Products enters into a coniract with Tulles to sell three different products, Each of the products is a separite performance obligation, Based on the information presented in the table, what is the standalone price of product Z using the residual approach? A. 5200,000 E. $140.000 C. $3,5,000 D. 5175,000 Tults Constnuction enters into a long - term ficed price contract to buld an office tower for $10,200,000. In the first year of the contract Tullis incurs $3.000,000 of cost and the engineers dotermined that the remaining costs to complote the project are $5,000,000. Tullis billed 34,000,000 in year 1 and collected $3,200.000 by the end of the end of the year. How should Tulls report Construction in Progress and Eillings on Construction in Propress at the end of year 1 on the balance sheet assuming the use of the completed - contract method? A. asset of $800,000 B. asset of \$1,000.000 C. Aability of $1,000,000 D. liebilify of $800,000