Question: Riley Consulting sells customer-relationship management software with a fair value of $210,000 to customers for $285,000. The selling price includes training support valued at $68,000.

Riley Consulting sells customer-relationship management software with a fair value of $210,000 to customers for $285,000. The selling price includes training support valued at $68,000. Training is considered a separate performance obligation. If the systems software costs Riley $200,000, how should it allocate payment to the software and to training support? Select answer from the options below $215,288 and $69,712, respectively $204,842 and $66,330, respectively $205,036 and $72,230, respectively $217,000 and $132,000, respectively

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