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To increase sales, Pronghorn Inc., a public company following IFRS, implemented a customer loyalty program that rewards a customer with one loyalty point for every

To increase sales, Pronghorn Inc., a public company following IFRS, implemented a customer loyalty program that rewards a customer with one loyalty point for every $10 of purchases on a select group of products. Each point is redeemable for a $1 discount on any purchases of Pronghorn merchandise in the next two years. Following the implementation of the program, during 2023, customers purchased select group products for $170,000 and earned 17,000 points redeemable for future purchases. (All products are sold to provide a 45% gross profit.) The stand-alone selling price of the purchased products is $170,000. Based on prior experience with incentive programs like this, Pronghorn expects 16,500 points to be redeemed related to these sales. (Pronghorn appropriately uses this experience to estimate the value of future consideration related to bonus points.)
Identify the separate performance obligation in the Pronghorn bonus point programs.
Products $____?
Bonus points $____?

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