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Open Response 1 (10 points) Cameron Windows manufactures and sells custom storm windows for enclosed porches Cameron also provides installation service for the windows. The

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Open Response 1 (10 points) Cameron Windows manufactures and sells custom storm windows for enclosed porches Cameron also provides installation service for the windows. The installation process does not involve changes in the windows, So this service can be provided by other vendors Cameron enters into the following contract on June 1, 2018, with a local homeowner The customer purchases windows for a price of $4,70 and chooses Cameron to do the installation. Cameron charges the same price for the windows irrespective of whether it does the installation or not. The price of the installation service is estimated to have a fair value of $1.200. The customer pays Cameron $4,000 (which equals the fair value of the woth have a cost of $2,300) upon delivery and the remaining balance upon windows, which have a cost of $2,300) upon delive allation of the windows. The windows are delivered on August 1. 2018 Cameron ne installation on September 15, 2018. and the customer pays the balance due the lournal entries for Cameron in 2018. (Round amounts to nearest dollar.) Hielers Performance obligellino) e i Albeation of pre I price h e

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