Blue Company sells tablet PCs combined with Internet service, which permits the tablet to connect to the Internet anywhere and set up a Wi-Fi hot spot. It offers two bundles with the following terms. 1. Blue Bundle A sells a tablet with 3 years of Internet service. The price for the tablet and a 3-year Internet connection service contract is 540. The standalone selling price of the tablet is 261 (the cost to Blue Company is 184). Blue Company sells the Internet access service independently for an upfront payment of 319. On January 2, 2022, Blue Company signed 90 contracts, receiving a total of 48,600 in cash. 2. Blue Bundle B includes the tablet and Internet service plus a service plan for the tablet PC (for any repairs or upgrades to the tablet or the Internet connections) during the 3-year contract period. That product bundle sells for 632. Blue Company provides the 3-year tablet service plan as a separate product with a standalone selling price of 139. Blue Company signed 210 contracts for Blue Bundle B on July 1, 2022, receiving a total of 132,720 in cash. a In response to competitive pressure for Internet access for Blue Bundle A, after 2 years of the 3-year contract, Blue Company offers a modified contract and extension incentive. The extended contract services are similar to those provided in the first 2 years of the contract. Signing the extension and paying 82 (which equals the standalone selling of the revised Internet service package) extends access for 2 more years of Internet connection. 50 Blue Bundle A customers sign up for this offer. (a) Prepare the journal entry when the contract is signed on January 2, 2024, for the 50 extended contracts. Assume the modification does not result in a separate performance obligation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit