Video Planet (VP) sess a big screen TV package consisting of a 60 -inch plasma TV, a unwersal remole, and onsite installation by VP staff The instatabion 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 sels the 60 -inch TV separately for $1,810, sets the remote separately for $130, and offers the entire package for $2,020. VP does not sel the installation service separately. VP is aware that other similar vendors charge $180 for the installation service. VP also estimates that it incurs approwately 5130 of compensation and other costs for VP staff to provide the instaliation service. VP typiceby charges 40% above cost on similar sales. Required: 1. to 3. Evtimate the stand-alone selling price of the instalation service using each of the following approaches