Zeta Pte Ltd is an IT Consultancy company that provides software and hardware services. On $1$ January $20$X$3,$ a customer paid the company $$57,800$ for a packaged system. The system was delivered and installed on the customer's premise on $17$ January $20$X$3.$ The system came with hardware, software and $2$ years of software maintenance services. Maintenance servicing of the software will be done on $1$ December yearly. Zeta also sells the hardware, software and maintenance service on its own. Zeta does not provide a significant service to integrate the hardware and software. Neither the software nor hardware modify or customise the other. The maintenance service does not significantly affect the customer's ability to use and benefit from the software.

Standalone selling price of the items Hardware $=$ $$28,000$ Software $=$ $$36,000$ Maintenance services $=$ $$4,000$

Required: Using the five$-$step model under FRS $115$ Revenue from Contracts with Customers, explain how Zeta Pte Ltd should account for the contract.