Meyer & Smith is a full-service technology company. They provide equipment, installation services as well as training. Customers can purchase any product or service separately or as a bundled package. Wildhorse Corporation purchased computer equipment, installation and training for a total cost of $118440 on March 15, 2021. Estimated standalone fair values of the equipment, installation, and training are $85500, $56400, and $27300 respectively. The transaction price allocated to equipment, installation and training is

$59850, $39480, $19110 respectively.

$85500, $56400, $27300 respectively.

$39480, $39480, $39480 respectively.

$118440 for the entire bundle.