Identify the 5 steps of the new revenue recognition standard for the following: A customer signed a contract with a software company to buy a cloud-based ERP system. The term of the contract is for 36 months. The services include a monthly subscription for the software in the fixed amount of 10,000 plus professional support services set at $2,000 per month fixed. The Stand-alone selling price for the subscription is $15,000 and for the professional support is $3,000. The customer also receives a $500 discount as an incentive for the duration of the entire contract