Video Planet (VP) sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote and on-site installation by VP staff. The installation includes programming the remote to have the TV interface with other parts of the customer's home entertainment system. VP concludes that the TV remote, and installation service are separate performance obligations VP sells the 60-inch TV separately for $1,360, sells the remote separately for $85, and offers the installation service separately for $255 The entire package seils for $1,600 Required: How much revenue would be allocated to the TV, the remote, and the installation service? (Do not round intermediate calculations.) Answer is complete but not entirely correct. Allocated Item Description Revenue TV 1.445 Romoto 90 Installation $ 2713 Total revenue $ 1.806