On January 1, 2020, Harris Corporation sold a computer solution package to Somerton Inc. for $70,000 in cash. As part of the package, Harris will provide support on the software for one year, and maintenance on the hardware for three years. The software support and hardware maintenance can be purchased separately from the computer package. The normal selling prices of each are as follows: (7 marks) Computer (includes hardware and operating system software) $ 60,000 Software support 8,900 Hardware maintenance 4,000 Required: Determine the allocation of the revenue to the various components of this transaction. Round your answers to the nearest dollar. Prepare all journal entries for January, assuming Harris prepares monthly financial statements. Round your answers to the nearest dollar.