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Question 7 Your answer is correct Meyer Smith is a full service technology company. They provide chupment installation services as well as training. Customers can purchase any product or service separately or as a bundled package. Blossom Corporation purchased computer equipment, installation and training for a total cost of $151200 on March 15, 2018. Estimated standalone fair values of the equipment, Installation, and training are $105000, $72000, and $39000 respectively. The transaction price allocated to equipment, installation and training is $151200 for the entire bundle $50400, $50400, 550400 respectively. $73500, $50400, $27300 respectively $105000, $72000, 539000 respectively, Question Attempts: Unlimited