7. Meyer & Smith is а full-service technоlоgy cоmpаny. They provide equipment, instаllation services as well as training. Customers can purchase any product or service separately or as a bundled package. Container Corporation purchased computer equipment, installation, and training for a total cost of $144,000 on March 15, 2024. Estimated standalone fair values of the equipment, installation and training are $90,000, $45,000, and $45,000 respectively. The transaction price allocated to equipment, installation, and training is
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