(Y) Company manufactures and sells software programs that include an assurance-type warranty for the first 180 days. (Y) company also offers an optional extended coverage plan under which it will repair or replace any defective part for (1) years beyond the expiration of the sce-type warmaty. The total transaction price for the sale of the software program and the extended warranty is $100,000. The standalone price of each is $80,000 and $20,000, respectively. The estimated cost of the assurance-Warranty is 58,800, According to the above information answer the following questions: 1. The amount assigned to the assurance warranty as unearned warranty revenue should be a. S100.000 b. $20,000 c. 580,000 d. None of the above 2 The amount assigned to the allowances for assurance warranty should be 158.800 bS80.000 CS20.000 d. None of the above 3. The credit side of the entry entries to record this transaction should be including: it. Uneamed warranty Revenue 20,000 b. Allowances for assurance Warty 8.800 c. Sales Revenue 80.000 d. All the above 4. How many performance obligations does (y) company have! 017 AM AVE