Pix Company selt home applances and provides inatalatioh and service for ts customers. On April 1, 2019, a cintemer purchased a dahwaster that Fix nomally sela far St. oce in addson, the customer purchssed the instalabion service and a 3 year service contract, weh stard-alone selling proes of 5700 and siog, totoectively Becaule the customer purchared all three nems as a bundle. Rx charged the eustomee $1,400 Aequired 1. How should the tranaaction price be alocalod among the products? 2. Propare the joumal entries to recognice revenue related to esch phivduct in 20+9 arabegment with cheston th would pharge an interest rate of 9 . Fequited: 1. Qethumine the bansaction price ior ine conivact anth G bson 3. Nost Level What is the ocjective of acfusing ine trarcachen price to reflect the tme value of money