At the time a licensee makes funeral arrangements, the licensee shall give to the individual who requested the funeral arrangements a contract that includes: An itemized list of all services and merchandise that will be provided and the total price; To the extent possible, a specification of any item for which the licensee will advance money to accommodate the buyer; and The terms and method of payment. The contract shall be in duplicate and contain the signatures of the licensee, other than an apprentice, and the payor of the requested service. A copy of the signed contract shall be given to the payor at the time the arrangements are finalized. In addition to the contract required under subsection (a) of this section, the licensee shall give to the individual who requested a funeral a similar written statement that reflects any change in the arrangements agreed to between the parties.