Question 7 3 pts Falmer Co Case Falmer Co also sells a package which gives customers a handset when they sign a two-year contract for provision of telecommunications services. The handset has a stand-alone price charge of 300 and the telecommunications service contract is for 40 per month. In accordance with IFRS 15 Revenue from Contracts with Customers, what amount will be recognised as revenue on each package in the first year? [Answer to nearest . If percentage is needed during calculation, round to two Your answer is decimal places.] O 595 0 960 O 730 O 695