Antonio's Car Services provides maintenance services for motorized vehicles. In March 2024, Rick placed an order for a new set of tires for $350. When a customer purchases goods or services in excess of $300, Antonlo's gives the customer a 25% discount coupon for future purchases made in the next three months. Antonlo's estlmates that approximately 80% of customers utilize the coupon and that on average those customers will purchase goods or services that typically sell for $75. Required: (a) How many performance obligations are in Rick's contract? (b) Prepare a journal entry to record revenue for this transaction, assuming that Antonlo's uses the residual method to estimate the stand-alone selling price of new tires sold without the discount coupon. Complete this question by entering your answers in the tabs below. How many performance obligations are in Rick's contract? Complete this question by entering your answers in the tabs below. Prepare a journal entry to record revenue for this transaction, assuming that Antonio's uses the residual method to estimate the standalone selling price of new tires sold without the discount coupon. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Show less 4 Journal entry worksheet Record the revenue assuming that Antonio's uses the residual method to estimate the stand-alone selling price of new tires sold without the discount coupon. Note; Enteridebits before credits