Identifying the Number of Performance Obligations Answer the following requirements for each separate case that involves contracts with performance obligations. a. A retailer enters into a contract with a customer to sell an electric toothbrush, bundled with the replacement parts for the toothbrush. The retailer also sells the replacement parts and toothbrushes separately. The customer can use the toothbrush without the replacement parts, but there b. A contractor enters into a revenue contract build a house for a customer. The contractor is responsible for the overall management of the project and identifies various goods and services that are provided, including architectural design, site preparation, construction of the home, plum Gateway Inc. enters into a contract with a customer to provide a license for use of new accounting software, installation services, and three years of subsequent customer support. The customer purchased the accounting software, scheduled installation services one week later, and is guar d. Assume the same circumstances in part cabove except that Gateway Inc. is supplying highly customized software, where the customer has a number of requests for changes to the standard software to accommodate industry specific reporting requirements. The customization affects boti Identifying the Number of Performance Obligations Answer the following requirements for each separate case that involves contracts with performance obligations. a. A retailer enters into a contract with a customer to sell an electric toothbrush, bundled with the replacement parts for the toothbrush. The retailer also sells the replacement parts and toothbrushes separately. The customer can use the toothbrush without the replacement parts, but there b. A contractor enters into a revenue contract build a house for a customer. The contractor is responsible for the overall management of the project and identifies various goods and services that are provided, including architectural design, site preparation, construction of the home, plum Gateway Inc. enters into a contract with a customer to provide a license for use of new accounting software, installation services, and three years of subsequent customer support. The customer purchased the accounting software, scheduled installation services one week later, and is guar d. Assume the same circumstances in part cabove except that Gateway Inc. is supplying highly customized software, where the customer has a number of requests for changes to the standard software to accommodate industry specific reporting requirements. The customization affects boti