Question: can you please include formulas! Information: Terry determined early in its history that it was more effective for them to build their own specialized production

can you please include formulas!
Information: Terry determined early in its history that it was more effective for them to build their own specialized production equipment than for them to share their proprietary production data with a construction company. While this process leads to a larger upfront cost for new equipment, the special production methods used by the company have earned much more than the initial extra outlay. While the company has historically kept this production process in-house, they have recently been approached by a local university with a request to provide a set of machinery that the university can use to produce their own specialty bags. Since many members of Terry's Board of Directors (and several large shareholders) are alumni of this university, Terry's management has decided that they will go through with the sale of a three machine system to the university. As part of the deal, Terry's management has insisted that the university also purchase a maintenance contract (which will begin as soon as the last machine is installed). This requirement will allow Terry's engineers and machinists to take care of the equipment, reducing the chance of losing their competitive advantage. The total contract price for the machines and the maintenance contract is $1,060,000. As part of the contract, both parties have agreed that the university will have the right to return the equipment if they are not satisfied with the performance of the machines. Terry will also provide an additional refund for the maintenance contract if the company returns the equipment within the next few years. While Terry has never sold its equipment before, machinery for making bags can be purchased from many other companies. In addition, many of those companies also provide service contracts to care for the machines they sell. Other versions of the machines typically sell for $265,000; $424,000; and $318,000. A 3-year maintenance contract (like this one) sells, on average, for $95,000. By the end of 2021, Terry had installed the first and second machines and the university has paid $683,000. Terry's management team anticipates that the final machine will be installed in January of 2022, and the maintenance contract will begin immediately after the final installation. The university will pay the balance of the contract once the last one is installed. For consistency, Terry has decided to round all revenue allocation percentages to the nearest percentange pont. Which means that 12.33% (or 0.1233) would be rounded to 12% (or .12). If the sum of the rounded percentages exceeds (or falls short) of 100% (or 1), then Terry adjusts the percentage of the final obligation (i.e. the one that will be completed last). Information: Terry determined early in its history that it was more effective for them to build their own specialized production equipment than for them to share their proprietary production data with a construction company. While this process leads to a larger upfront cost for new equipment, the special production methods used by the company have earned much more than the initial extra outlay. While the company has historically kept this production process in-house, they have recently been approached by a local university with a request to provide a set of machinery that the university can use to produce their own specialty bags. Since many members of Terry's Board of Directors (and several large shareholders) are alumni of this university, Terry's management has decided that they will go through with the sale of a three machine system to the university. As part of the deal, Terry's management has insisted that the university also purchase a maintenance contract (which will begin as soon as the last machine is installed). This requirement will allow Terry's engineers and machinists to take care of the equipment, reducing the chance of losing their competitive advantage. The total contract price for the machines and the maintenance contract is $1,060,000. As part of the contract, both parties have agreed that the university will have the right to return the equipment if they are not satisfied with the performance of the machines. Terry will also provide an additional refund for the maintenance contract if the company returns the equipment within the next few years. While Terry has never sold its equipment before, machinery for making bags can be purchased from many other companies. In addition, many of those companies also provide service contracts to care for the machines they sell. Other versions of the machines typically sell for $265,000; $424,000; and $318,000. A 3-year maintenance contract (like this one) sells, on average, for $95,000. By the end of 2021, Terry had installed the first and second machines and the university has paid $683,000. Terry's management team anticipates that the final machine will be installed in January of 2022, and the maintenance contract will begin immediately after the final installation. The university will pay the balance of the contract once the last one is installed. For consistency, Terry has decided to round all revenue allocation percentages to the nearest percentange pont. Which means that 12.33% (or 0.1233) would be rounded to 12% (or .12). If the sum of the rounded percentages exceeds (or falls short) of 100% (or 1), then Terry adjusts the percentage of the final obligation (i.e. the one that will be completed last)
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