Help Save& Exit Submit Check my work Creative 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 repairs or replacements associated with defective products for up to six months A coupon to purchase a Creative Probook e-book reader for $200, a price that represents a 50% discount from the regular Probook price of $400. It is expected that 20% of the discount coupons will be utilized. 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 estim 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 ates that 40% of customer s will purchase an extended warranty. All Protab sales are made in cash. Required Packages to the separate performance obligations in the contract e obligation and allocate the transaction price of 100,000 Protalb kages (ignore any sales of extended warranties). 3. Prepare a journal entry to record sales of 100,000 Protab Pac Complete this question by entering your answers in the tabs belovw Req 1 and 2 Req 3 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. K Prex 10 of 11 Next R 3 Indicated below whether each item is a separate performance obligation and allocate the transaction price of 100,00 Packages to the separate performance obligations in the contract. Performance Obligation? Yes No Yes Item Description Stand Alone Price Stand Alone Price Protab computers Limited 6-month warranty Option to purchase a Probook Total stand alone price 0 0% Percentage of Total Stand Total Transaction Alone Price Allocated Contract Price Item Description Price b computers Option to purchase a Probook Total contract price Req 3 Req 1 and 2