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Sunland Company sells lap lane pools that cost $52400 to customers for $122000. The sales price includes an installation fee, which is valued at $25000.

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Sunland Company sells lap lane pools that cost $52400 to customers for $122000. The sales price includes an installation fee, which is valued at $25000. The fair value of the pool is $100000. The installation is considered a separate performance obligation and is expected to take 3 months to complete. The transaction price allocated to the pool and the installation is $100000 and $25000, respectively. $81333 and $18667, respectively. $122000 and $2000, respectively. $97600 and $24400, respectively

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