mis que Reshawa Motors is a car dealership that has two types of operations: car sales and service. The two divisions operate independently and, in fact, the showroom for car sal street from each other.) Despite the independence of the two divisions, the company provides incentives to its sales team to sell maintenance packages along with the sales of the car windows: (Click the icon to view the offer.) As is typical in car sales, the price negotiated between the salesperson and the customer varies in each transaction, even for identical vehicl "close the deal." In one such transaction for the above car including the premium service package, the final negotiated price was $46,200. (Ig Required Data table vice. The two divisions operate independently and, in fact, the showroom for car sales is entirely separate from the service shop. (They are across the ovides incentives to its sales team to sell maintenance packages along with the sale of cars (new and used). Consider the following offer posted on one wer varies in each transaction, even for identical vehicl ce package, the final negotiated price was $46,200. (Ig Data table - X Price meir stand-alone selling prices, except that the premiun r and for each of the next four years. ervice package). (Round your answers to the nearest Car Basic service package (2 years) $ 45.300 3,300 Increment for premium service package (4 years)) 2,300 Total $ 50,900 Special offer for car premium service 47,800 3,100 rice as x Actual sale price Allocation You save Requirement b. Similar to part (a), assume that the component prices reliably reflect their stand-alone selling prices, except that the premium $5,600. Compute the revenue that should be recorded on the date of delivery of the car and for each of the next four years. Begin by computing the revenue allocation for the car components (car and premium service package). (Round your answers to the nearest Basic service pac Increment for pre Total Special offer for c You save Component stand-alone selling price Component stand-alone selling price as perceritage of total x Actual sale price Allocation Car Premium service package Total Next, determine the timing of the revenue recognition for the two car components. (Round your answers to the nearest cent. For periods where une Upon delivery Year 1 Year 2 Year 3 Year 4