Req 1 and 2 Req 3 Prepare a journal entry to record sales of 90,000 Protab Packages. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction let Journal entry worksheet Record the sales of 90,000 Protab Packages. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal < Req 1 and 2 Req 3 > Creative Computing sells a tablet computer called the Protab. The $920 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 $400, a price that represents a 50% discount from the regular Probook price of $800. It is expected that 25% of the discount coupons will be utilized. A coupon to purchase a one-year extended warranty for $45. Customers can buy the extended warranty for $80 at other times if they do not use the $45 coupon. Creative estimates that 30% 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 $900. Required: 1. & 2. Indicate below whether each item is a separate performance obligation and allocate the transaction price of 90,000 Protab Packages to the separate performance obligations in the contract. 3. Prepare a journal entry to record sales of 90,000 Protab Packages. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Indicate below whether each item is a separate performance obligation and allocate the transaction price of 90,000 Protab Packages to the separate performance obligations in the contract. Performance Obligation? Item Description Protab tablet Limited 6-month warranty Option to purchase a Probook Option to purchase extended warranty Total stand-alone price Item Description Protab tablet Limited 6-month warranty Option to purchase a Probook Option to purchase extended warranty Total contract price Stand-Alone Price Percentage of Total Stand-Alone Price 0 0 0 0 S 0.00% Percentage of Total Stand- Alone Price x Total Transaction Price Allocated Contract Price $ 0 < Req 1 and 2 Req 3 >