Miller Electronics ("ME") sells high-end WiFi-enabled tea kettles and provides maintenance services. On April 1st, ME sold a package deal containing a WiFi tea kettle and a one-year unlimited maintenance/repair service for the kettle at a bundle price of $1,000. If sold separately, the kettle costs $840 and the one-year unlimited maintenance/repair service costs $360. How much revenue does ME recognize for the month ended April 30th, assuming that revenue is accrued monthly?

(a) $1,000;

(b) $870;

(c) $725;

(d) $30; or

(e) $12.