Show me the steps to solve Question content area top

Part $1$

Macklin Communications Systems signed a contract to develop and install an integrated network for Dibb Auto$$ Dealerships, Inc. in five phases. Each phase is considered a performance obligation. The transaction$$ price, including$$ installation, is $ $2$ comma $400$ comma $000.$ Each phase is fully functional at the point of delivery. The five phases of the total network products each have standalone values as follows.