QUESTION 14 Illustration 14 An entity enters into a contract for the sale of Product A for $ 1,000. As part of the contract, the entity gives the customer a 40% discount voucher for any future purchases up to $ 1,000 in the next 30 days. The entity intends to offer a 10% discount on all sales during the next 30 days as part of a seasonal promotion. The 10% discount cannot be used in addition to the 40% discount voucher. The entity believes there is 80% likelihood that a customer will redeem the voucher and on an average, a customer will purchase $ 500 of additional products. Determine how many performance obligations does the entity have and their stand-alone selling price and allocated transaction price?