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Woody Co. is an experienced pellet stove dealer that also offers a number of services for the stoves that it sells. Assume that Woody's sells

Woody Co. is an experienced pellet stove dealer that also offers a number
of services for the stoves that it sells.
Assume that Woody's sells pellet stoves on a standalone basis and that it also sells
installation and maintenance service for stoves. However, Woody's does not
offer installation or maintenance services to customers who buy stoves from other
vendors. Pricing of the pellet stoves is as follows:
Stove only 1,200
Stove with installation service 1,275
Stove with maintenance service 1,465
Stove with installation and maintenance services 1,500
In each instance in which maintenance services are provided, the maintenance
service is separately priced within the arrangement at $265. Additionally, the
incremental amount charged by Woody's for installation approximates the
amount charged by independent third parties.
a The customer purchases a pellet stove with both installation and maintenance
services for $1,500. Based on its experience,Woody's believes that the
installation will be performed satisfatorily. Assume that the maintenance services
are priced separately, (the three components are distinct).
Identify the separate performance obligations related to this situation.
b Indicate the amount of revenue that should be allocated to each performance
obligation.

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