Please answer each of the following independent questions 2. b. On January 1, 2020, R Company sells a computer system bundled with installation and a 4-year service contract for $4,000. Individually, the computer system would sell for $2,600, the installation for $800 and the 4-year service contract for $1,600. How much revenue would R Company report in its 2020 Income Statement? How much deferred revenue, if any, would R Company report on its 2020 balance sheet? On January 1, 2021, F Company sells its computer system bundled with installation and a coupon for 50% off a 3- year service contract for $5,000. Individually, the computer system would sell for $3,600 but the installation does not have a separate market value. The 3-year service contract sells separately for $1,200 and F Company expects 80% of its customers to take advantage of coupon. How much revenue would F Company report in its 2021 Income Statement? How much deferred revenue, if any, would F Company report on its 2021 balance sheet?