On March $1,2021,$ Gold Examiner receives $$154,000$ from a local bank and promises to deliver $96$ units of certified $1-$oz$.$ gold bars on a future date. The contract states that ownership passes to the bank when Gold Examiner delivers the products to Brink$$s$,$ a third$-$party carrier. In addition, Gold Examiner has agreed to provide a replacement shipment at no additional cost if the product is lost in transit. The stand$-$alone price of a gold bar is $$1,560$ per unit, and Gold Examiner estimates the stand$-$alone price of the replacement insurance service to be $$65$ per unit. Brink$$s picked up the gold bars from Gold Examiner on March $30,$ and delivery to the bank occurred on April $1.$

Required:

$1.$ How many performance obligations are in this contract?

$2.$ to $4.$ Prepare the journal entry Gold Examiner would record on March $1,$ March $30$ and April $1.$