Exercise $6-7($Static$)$ Performance obligations; customer option for additional goods or services; prepayment $[$LO$6-3,6-4,6-5]$

A New York City daily newspaper called Manhattan Today charges an annual subscription fee of $$135.$ Customers prepay their subscriptions and receive $260$ issues over the year. To attract more subscribers, the company offered new subscribers the ability to pay $$130$ for an annual subscription that also would include a coupon to receive a $40\%$ discount on a one$-$hour ride through Central Park in a horse$-$drawn carriage. The list price of a carriage ride is $$125$ per hour. The company estimates that approximately $30\%$ of the coupons will be redeemed.