Problem 18-5 Ivanhoe Ranch & Shamrock is a distributor of ranch and farm equipment. Its products range from small tools, power equipment for trench-digging and fencing, grain dryers, and barn winch products are sold direct via its company catalog and Internet site. However, given some of its specialty products, select farm implement stores carry Ivanhoe's products. Pricing and cost information on three of Ivanhoe's most popular products are as follows. es. Most Standalone Selling Price (Cost) Item Mini-trencher Power fence hole auger1,300 Grain/hay dryer $3,600 ($2,000) (900) 13,800 (11,300) Respond to the requirements related to the following independent revenue arrangements for Ivanhoe Ranch & Shamrock