Analysis Provided by the Independent Review (pre-audit): Note: paragraphs labeled with an initial letter in parentheses (like (b)) are the items for which a GAAP compliance issue was identified. Product-Related Revenue: During 2021, TouchBase had the following sales of these items: Item Quantity Unit Price Recorded in Account TouchTop laptop computers 960 $1,495 Revenue - TouchTop TouchLet tablet computers 320 $495 Revenue - TouchLet Other hardware items Total value = $97,500 Revenue - Hardware Software Total value = $57,000 Revenue - Software Extended warranty* 240 $195 Revenue - Warranty Promotion package* 400 $1,595 Revenue - Promo * see explanations below Product Sales, Inventory and Cost of Goods Sold: TouchBase uses a periodic inventory system and plans to use a FIFO approach when it adopts GAAP for 2021.

(b) TouchLet tablets - Provided on worksheet (b) is a summary of inventory-related activity for TouchLet tablets during 2021. All Non-Promo sales were recorded at the same sales price of $495 per unit, recorded in the Revenue TouchLet account. Revenue from TouchLets sold under the promo package (see paragraph (d) below) were included in the amount recorded in Revenue Promo. All inventory was purchased on credit, and was recorded immediately in the COGS TouchLet account. The $42,750 value of the TouchLet tablets counted at the end of 2020 was recorded in the Inventory TouchLet account, which was not changed during 2021.

(d) Promotion Revenue - TouchBase management wants the revenue originally recorded in the Revenue - Promo account divided among the parts attributable to TouchTop laptops, TouchLet tablets (both reported as product revenue/COGS), and Extended Warranty revenue (reported as part of service revenue/COS. The Revenue Promo account will no longer be used. Hint: the sales quantities of each under the promotion were included on worksheets (a)-(c).

I need correct JE

Show detailed, clearly-labeled calculations for any values:
TouchLet Activity		Purch. Qty	Unit Cost	Non-Promo Sales Qty	Non-Promo Price	Non-Promo Revenue	Promo Sales Qty	Promo Price	Promo Revenue
Beg. Inv.		150	$285.00
1st Qtr Sales				79	$495.00	$39,105	50
4/1 Purchase		120	$291.80
2nd Qtr Sales				68	$495.00	$33,660	70
7/1 Purchase		150	$295.90
3rd Qtr Sales				71	$495.00	$35,145	58
10/1 Purchase		380	$299.50
4th Qtr Sales				102	$495.00	$50,490	102
TOTAL QTYs		800		320		$158,400	280