assignment i Creative Computing sells a tablet computer called the Protab. The $740 sales price of a Protab Package includes the following: One Protab computer. A 6-month limited warranty. This warranty guarantees that Creative will cover any costs that arise due to repairs or replacements associated with defective products for up to six months. A coupon to purchase a Creative Probook e-book reader for $400, a price that represents a 50% discount from the regular Probool price of $800. It is expected that 20% of the discount coupons will be utilized. A coupon to purchase a one-year extended warranty for $65. Customers can buy the extended warranty for $65 at other times as well. Creative estimates that 40% of customers will purchase an extended warranty Creative does not sell the Protab without the limited warranty, option to purchase a Probook, and the option to purchase an extended warranty, but estimates that if it did so, a Protab alone would sell for $720. All Protab sales are made in cash. Required: 1. & 2. Indicated below whether each item is a separate performance obligation and allocate the transaction price of 100,000 Protab Packages to the separate performance obligations in the contract. 3. Prepare a journal entry to record sales of 100,000 Protab Packages (ignore any sales of extended warranties) Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Indicated below whether each item is a separate performance obligation and allocate the transaction price of 100.000 Prota Packages to the separate performance obligations in the contract. Performance and Percentage of Total In the tabs below. Req 1 and 2 Reg 3 Indicated below whether each item is a separate performance obligation and allocate the transaction price of 100,000 Prot Packages to the separate performance obligations in the contract. Performance Obligation? Yes Stand Alone Price P ercentage of Total Stand Alone Price Item Description Protab computers 3333 Limited 6-month warranty Option to purchase a Probook Option to purchase extended warranty Total stand alone price Rolo o Item Description Percentage of Total Stand Alone Price X Total transaction Price . Allocated Contract Price Protab computers Limited 6-month warranty Option to purchase a Probook Option to purchase extended warranty Total contract price Req3 > Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Prepare a journal entry to record sales of 100,000 Protab Packages (ignore any sales of extended warranties). (If no entry is required a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet Credit No Transaction 11 Debit 74,000,000 General Journal Cash Sales revenue Deferred revenue - coupons