Superior Cars sold a car for $35,000 cash. In addition, the company will provide 4 oil changes per year for 5 years and an extended warranty for 5 years. The normal observable stand-alone selling prices are as follows: Car $35,000 Oil change $50 per oil change Service-type warranty $4,000 Required: 1. Determine how much of the revenue should be allocated to the various performance obligations in this transaction. (4 marks) 2. Based on the revenue recognition criteria when revenue should be recognized to the components in this transaction? Explain. (6 marks)