Creative Computing sells a tablet computer called the Protab. The $$740$ sales price of a Protab Package includes the following:

One Protab computer.

A six$-$month limited warranty. This warranty guarantees that Creative will cover any costs that arise due to repairs or replacements

associated with defective products for up to six months.

A coupon to purchase a Creative Probook e$-$book reader for $$400,$ a price that represents a $50\%$ discount from the regular Probook

price of $$800.$ It is expected that $20\%$ of the discount coupons will be utilized.

A coupon to purchase a one$-$year extended warranty for $$65.$ Customers can buy the extended warranty for $$65$ at other times as

well. Creative estimates that $40\%$ of customers will purchase an extended warranty.

Creative does not sell the Protab without the limited warranty, option to purchase a Probook, and the option to purchase an

extended warranty, but estimates that if it did so$,$ a Protab alone would sell for $$720.$

All Protab sales are made in cash.

Required:

& $2.$ Indicated below whether each item is a separate performance obligation and allocate the transaction price of $100,000$ Protab

Packages to the separate performance obligations in the contract.

Prepare a journal entry to record sales of $100,000$ Protab Packages $($ignore any sales of extended warranties$).$