On July $15,2024,$ Ortiz & Company signed a contract to provide EverFresh Bakery with an ingredient$-$weighing system for a price of $$82,800.$ The system included finely tuned scales that fit into EverFresh$$s automated assembly line, Ortiz$$s proprietary software modified to allow the weighing system to function in EverFresh$$s automated system, and a one$-$year contract to calibrate the equipment and software on an as$-$needed basis. If Ortiz was to provide these goods or services separately, it would charge $$54,000$ for the scales, $$10,000$ for the software, and $$36,000$ for the calibration contract. Ortiz delivered and installed the equipment and software on August $1,2024,$ and the calibration service commenced on that date.

Assume that the scales, software and calibration service are all separate performance obligations. How much revenue will Ortiz recognize in $2024$ for this contract?

Note: Do not round intermediate calculations.

Multiple Choice

$$0$

$$65,412$

$$52,992$

$$82,800$