DGA Associates, Inc. sells computer workstations designed for architects. In 2021, it sold 120 workstations for $360,000. For each workstation sold, DGA distributed a 40% discount coupon for any additional future purchases made in the next 12 months. Based on historical experience, DGA expects that approximately 30% of the coupons will be utilized, and the goods purchased with the coupons would normally sell for $350. Required: (a) How many performance obligations are in a contract to purchase a computer workstation? (b) Prepare a journal entry to record revenue for the sale of 120 computer workstations, assuming that DGA uses the residual method to estimate the stand-alone selling price of the workstations sold without the discount coupon Complete this question by entering your answers in the tabs below. Required A Required B How many performance obligations are in a contract to purchase a computer workstation? Number of performance obligations Required B > acer 18 DGA Associates, Inc. sells computer workstations designed for architects. In 2021, it sold 120 workstations for $360,000. For each workstation sold, DGA distributed a 40% discount coupon for any additional future purchases made in the next 12 months. Based on historical experience, DGA expects that approximately 30% of the coupons will be utilized, and the goods purchased with the coupons would normally sell for $350. 0272 Required: (a) How many performance obligations are in a contract to purchase a computer workstation? (b) Prepare a journal entry to record revenue for the sale of 120 computer workstations, assuming that DGA uses the residual method to estimate the stand-alone selling price of the workstations sold without the discount coupon Complete this question by entering your answers in the tabs below. Required A Required B Prepare a journal entry to record revenue for the sale of 120 computer workstations, assuming that DGA uses the residual method to estimate the stand-alone selling price of the workstations sold without the discount coupon. (If no entry is required for a transaction/event, select No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the revenue for the sale of 120 computer workstations. acer