Creatlve Computing sells a tablet computer called the Protab. The $$780$ 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 repalrs or replacements

assoclated with defective products for up to sIx months.

A coupon to purchase a Creative Probook e$-$book reader for $$420,$ a price that represents a $30\%$ discount from the regular Probook

price of $$600.$ It is expected that $20\%$ of the discount coupons will be utillized.

A coupon to purchase a one$-$year extended warranty for $$45.$ Customers can buy the extended warranty for $$70$ at other times if

they do not use the $$45$ coupon. Creative estimates that $35\%$ 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 $$760.$

Required:

& $2.$ Indicate 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.

Prepare a Journal entry to record sales of $100,000$ Protab Packages.

Complete this question by entering your answers in the tabs below.

Req $1$ and $2$

Indicate 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.