On 2 November 2021, Kitset Garages Ltd signed a contract to deliver and build a new garage to Jenny Letterson for $63,000. The contract includes three performance obligations: The garage's materials, which is normally priced at $35,000. The garage's foundation, which is normally priced at $21,000. Building the garage, which is normally priced at $14,000. Kitset Garages Ltd will deliver and build the garage to Jenny Letterson by 19 November 2021, and payment is due within 10 business days of this date. Ignore GST. Required: Prepare a table that allocates the transaction price to the performance obligations. Use the answer template below or upload your answer in a Word document. & US X2 x I 15 ABIT:- GO # Kitset Garages Ltd's Table to Allocate the Contract Price to Performance Obligations: Performance Obligations Garage's materials Garage's foundation Building of the garage TOTAL Stand-Alone Price Allocation $ % $ 3 marks