Question: Aria Perfume, Incorporated, sold 2 , 8 7 0 boxes of white musk soap during January of 2 0 2 4 at the price of

Aria Perfume, Incorporated, sold 2,870 boxes of white musk soap during January of 2024 at the price of $80 per box. The company
offers a full refund to unsatisfied customers for any product returned within 30 days from the date of purchase. Based on historical
experience, Aria expects that 4% of sales will be returned.
How many performance obligations are there in each sale of a box of soap? How much revenue, sales returns, and net revenue should
Aria recognize in January?
Aria Perfume, Incorporated, sold 2,870 boxes of white musk soap during

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