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Video Planet (VP) sells a big screen TV package consigting of a 60 -inch plasma TV, a universal remote, and on-site installation by VP statf.

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Video Planet (VP) sells a big screen TV package consigting of a 60 -inch plasma TV, a universal remote, and on-site installation by VP statf. The installation includes programming the remote to have the TV interface with other parts of the cuatomer's home entertainment system. VP concludes that the TV, remote, and installation service are separate perfotrmance obligations. VP sefls the 60 inch TV separately for $1,520, sells the remote separately for $95, and offers the installation service separately for $285. The entire package setls tor51,800 Required: How much revenue would be allocated to the TV, the remote, and the installation service?' (Do not round intermediate calculations.)

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