1. Cindy's Beauty Bar sells hair care products and provides salon services. In March 2018, a customer paid $250 for a package that included a haircut, a conditioning treatment, and a balyage color service. When a customer purchases goods or services in excess of $200, Cindy's gives the customer a 25% discount coupon for future purchases made in the next three months. Cindy's estimates that approximately 60% of customers utilize the coupon and that on average those customers will purchase goods or services that typically sell for $40. Prepare the journal entry to record revenue for this transaction, assuming that Cindy's uses the residual method to estimate the stand-alone selling price of the customer's service package sold without the discount coupon. 2. Accorsi & Sons specializes in selling and installing upscale home theater systems. On March 1, 2018, Accorsi sold a premium home theater package that includes a projector, set of surround speakers, and high quality leather seats, along with a one-year maintenance package, for $32,500. If sold separately, the projector, speakers and seats would have cost $45,000 and the maintenance package would have cost $3,000. Assume that the provision of the products and the provision of the maintenance package are separate performance obligations. Prepare the journal entry to record the sale on March 1