on february 12, 2021, mohawk home and garden enters into contract with a local business to provide weekly grass-cutting services between may and september of that year, and receives $2,000 in advance. as part of a local business promotion, mohawk offers a 50% discount on any barbecue grill with a list price in excess of $200. in the past, mohawk charged the same amount ($2,000) for the same weekly grass-cutting service, but without the grill discount coupon. based on historical experience with other clients, mohawk estimates that about 40% of the coupons will be redeemed, purchasing grills with an average total list price of $400. required:

Establish Stand Alone pricing of each obligation.

Value of Discount Coupon	$	%
Purchase Price		-----
Discount		-----
Estimated Redemption		-----
Stand Alone Selling Price - Coupon
Stand Alone Selling Price - Cutting Grass
Total Stand Alone