omer Loyalty Program) Martz Inc. has a customer loyalty program that rewards a customer with 1 cus- ty point for every $10 of purchases. Each point is redeemable for a $3 discount on any future purchases. On July 2, 017, customers purchase products for $300,000 (with the basis of th entering into a contract. As a result, Martz concludes that the points are a separate performance obligation a cost of $171,000) and earn 30,000 points redeemable for future purchases. artz expects 25,000 points to be redeemed. Martz estimates a standalone selling price of $2.50 per point (or $75,000 total) on e likelihood of redemption. The points provide a material right to customers that they would not receive without