DGA Associates, Incorporated sells computer workstations designed for architects. In 2024 , it sold 120 workstations for $367,000. For each workstation sold, DGA distributed a 30% discount coupon for any additional future purchases made in the next 12 months. Based on historical experience, DGA expects that approximately 25% of the coupons will be utilized, and the goods purchased with the coupons would normally sell for $385 Required: (a) How many performance obligations are in a contract to purchase a computer workstation? (b) Prepare a joumal 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. How many performance obligations are in a contract to purchase a computer workstation? DGA Associates, Incorporated sells computer workstations designed for architects. In 2024 , it sold 120 workstations for $367,000. For each workstation sold, DGA distributed a 30% discount coupon for any additional future purchases made in the next 12 months. Based on historical experience, DGA expects that approximately 25% of the coupons will be utilized, and the goods purchased with the coupons would normally sell for $385. Required: (a) How many performance obligations are in a contract to purchase a computer workstation? (b) Prepare a joumal 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. Prepare a joumal 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. 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 lessa Journal entry worksheet Record the revenue for the sale of 120 computer workstations. Notet Enter debith before credits