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Question 17 of 18 > Current Attempten Progress ./5 Waterway Windows manufactures and sells custom storm windows for three season porches. Waterway also provides installation

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Question 17 of 18 > Current Attempten Progress ./5 Waterway Windows manufactures and sells custom storm windows for three season porches. Waterway also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Waterway enters into the following non-cancellable contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $3,450 and chooses Waterway to do the installation Waterway charges the same price for the windows regardless of whether it does the installation or not. The price of the installation service is estimated to have a fale value of $803. The customer pays Waterway $2,847 (which equals ttle fair value of the windows, which have a cost of $2.100 upon delivery and the remaining balance upon installation of the windows. The Windows are delivered on September 1, 2020. Waterway computer installation on October 15,2020, and the customer pays the balance de Using the five step process for revenue recognition determine when and how much reverse would be recognized by Waterway Assume Waterway follows IFR5. (Round percentage allocations to 2 decimal place 15.25 and final answer to decimal places 5.275J Performance Obligation When? How much Window delivery Installation Total Attempts of use SA

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