Vaughn Ranch & Farm is a distributor of ranch and farm equipment. Its products range from small tools, power equipment for trench-digging and fencing, grain dryers, and barn winches. Most products are sold direct via its company catalog and Internet site. However, given some of its specialty products, select farm implement stores carry Vaughns products. Pricing and cost information on three of Vaughns most popular products are as follows.

Item		Standalone Selling Price (Cost)
Mini-trencher		$ 3,200	($2,100	)
Power fence hole auger		1,100	(800	)
Grain/hay dryer		14,100	(10,100	)

Respond to the requirements related to the following independent revenue arrangements for Vaughn Ranch & Farm.