Engelhart Implements Inc. sells tractors to area farmers. The price for each tractor includes GFS positioning service
Question:
Engelhart Implements Inc. sells tractors to area farmers. The price for each tractor includes GFS positioning service for 9 months (which facilitates field settings for planting and harvesting equipment). The GPS service is regularly sold on a standalone basis by Engelhart for a monthly fee. After the 9-month period, the consumer can renew the service on a fee basis. Does Engelhart have one or multiple performance obligations? Explain.
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