The Fitness Health Spa charges a nonrefundable annual membership fee of $600 for its services. For this fee, each member receives a fitness evaluation (value $100), a monthly magazine (annual value $32), and two hours’ use of the equipment each week (annual value $700). Each of the three elements of the annual membership can be purchased separately. The initial direct costs to obtain the membership are $120. The direct cost of the fitness evaluation is $50, and the monthly direct costs to provide the other services are estimated to be $15 per person. Give the journal entries to record the transactions in 2008 relative to a membership sold on April 1, 2008.