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In addition to its physical therapy equipment products, DTS's management entered into a long-term agreement on September 1, 2019 to begin supplying its internally developed

In addition to its physical therapy equipment products, DTS's management entered into a long-term agreement on September 1, 2019 to begin supplying its internally developed web-based commercial therapy tracking software, PROGRESS- TRACKER, along with maintenance support, to a regional chain of therapy centers. The details of the agreement called for DTS to be paid $3,600,000 up front for the software and 3 years of maintenance support (beginning on the agreement date). The therapy center chain could have bought just the software for $2,870,300 with no support, and they could have independently contracted for the maintenance support for $1,116,200 for the three-year period. DTS determines the sales price, and directs the customization of the software. The cost of the software sold to the therapy center chain was $2,160,000. DTS considers this software part of its normal operations, and has recorded this sale as a point-of-sale transaction.

1) My only question in this is what is the contract price going to be as a total? and are there 3 or 2 performance obligations?

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