4.(10 Points) Stephens Amusement Park offers a promotion for free parking to customers who purchase a one-day pass to enjoy thrill rides at its park plus two meal vouchers for a total of $75. Stephens Amusement Park sells each of the contract promises separately during the same timeframe for the following standalone prices: Day pass = $45, Parking = $20, and Two meal vouchers = $30.

a. Compute the allocated transaction price of the day pass, two meals, and parking for Stephens Amusement Park for the sale of 625 promotional packages on July 15, 2021. Round each allocated transaction price to the nearest whole dollar.

b. Write the journal entry to recognize the 625 promotional packages sold on July 15, 2021.