Meyer Company sells custom equipment that cost $90,000 to customers for $150,000. The sales price includes an installation fee, which is valued at $30,000. The fair value of the equipment is $125,000. The installation is considered a separate performance obligation and is expected to take 2 months to complete. The transaction price allocated to the equipment and the installation is:

A. $100,806 and $24,194 respectively
B. $120,968 and $29,032 respectively
C. $125,000 and $30,000 respectively
D. $150,000 and $30,000 respectively