Accounting for Upfront Fees and Recording and Allocating Revenue fee for instatation of the cable television recetvec iwhich must be returned to Chuterk lenc. at the end of the contract termp and pays 1480 a monsh for the premien package of 200+ channek. The constict for the reconver is not a lease. Required a. (1) How many performance obligations are estatished in the ievenue cortract (2) Retord the entry by the selier at the initistion of the contract assumine 100 contracts are initiatedi, (3) Record the entry by the reter one month after intiation of the contrad