Case $22-4$c

Upscale Management Co$.$

Upscale Management Co$.($the $$Company$)$ enters into a contract with Second City

Hotels $($the $$Customer$)$ to provide hotel management services. The contract is for a fiveyear period at a fixed price of $$10,000$ per day $($total transaction price of $$18\mathrm{.}25$ million

$[$$$10,000$ per day $\backslash$times $1,825$ days$]).$ The Company$$s hotel management services include

hiring and managing employees, procuring goods and services, and advertising and

marketing at one hotel property owned by the Customer.