Creatlve Computing sells a tablet computer called the Protab. The $$780$ sales price of a Protab Package Includes the following:

One Protab computer.

A slx$-$month limited warranty. This warranty guarantees that Creatlve will cover any costs that arlse due to repairs or replacements

assoclated with defectlve products for up to slx months.

A coupon to purchase a Creatlve Probook e$-$book reader for $$160,$ a price that represents a $50\%$ discount from the regular Probook

price of $$320.$ It is expected that $25\%$ of the discount coupons will be utllized.

A coupon to purchase a one$-$year extended warranty for $$50.$ Customers can buy the extended warranty for $$50$ 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 $$760.$

All Protab sales are made in cash.

Required:

& $2.$ Indicated below whether each Item is a separate performance obligation and allocate the transaction price of $95,000$ Protab

Packages to the separate performance obligations in the contract.

Prepare a journal entry to record sales of $95,000$ Protab Packages $($Ignore any sales of extended warrantles$).$

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

Req $1$ and $2$

Indicated below whether each item is a separate performance obligation and allocate the transaction price of $95,000$ Protab

Packages to the separate performance obligations in the contract.