Sage Technology is a full$-$service technology company that provides equipment, installation services, and training. Products and services can be purchased separately or as a bundled package. On March $15,$ Big Container Corporation purchased the bundled package from Sage for $$120,000.$ Estimated stand$-$alone fair values are: computer equipment $$75,000,$ installation $$50,000,$ and training $$25,000.$ The transaction price allocated to equipment, installation, and training is

Select answer from the options below

$$60,000,$ $$40,000$ and $$20,000$ respectively.

$$40,000,$ $$40,000,$ $$40,000$ respectively.

$$120,000$ for the entire bundle.

$$75,000,$ $$50,000,$ $$25,000$ respectively.