DGA Associates, Incorporated sells computer workstations designed for architects. In 2024, it sold 160 workstations for $378,000. For each workstation sold, DGA distributed a 25% discount coupon for any additional future purchases made in the next 12 months. Based on historical experience, DGA expects that approximately 20% of the coupons will be utilized, and the goods purchased with the coupons would normally sell for $440. Required: (a) How many performance obligations are in a contract to purchase a computer workstation? (b) Prepare a journal entry to record revenue for the sale of 160 computer workstations, assuming that DGA uses the residual method to estimate the stand-alone selling price of the workstations sold without the discount coupon. Complete this question by entering your answers in the tabs below. Required A Required B How many performance obligations are in a contract to purchase a computer workstation? Number of performance obligations < Required A Required B > (b) Prepare a journal entry to record revenue for the sale of 160 computer workstations, assuming that DGA uses the residual method to estimate the stand-alone selling price of the workstations sold without the discount coupon. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a journal entry to record revenue for the sale of 160 computer workstations, assuming that DGA uses the residual method to estimate the stand-alone selling price of the workstations sold without the discount coupon. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. View transaction list Journal entry worksheet 1 Record the revenue for the sale of 160 computer workstations. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Show less