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Creative Computing sells a tablet computer called the Protab. The $920 sales price of a Protab Package includes the following: One Protab computer A 6-month limited warranty. This watranty 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 $330, a price that represents a 40% discount from the regular Probook price of $550 It is expected that 25% of the discount coupons will be utilized A coupon to purchase a one-year extended warranty for $60 Customers can buy the extended warranty for $90 at other times in they do not use the $60 coupon Creative estimates that 30% 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 to, a Protab alone would sell for $900 Required: 1. & 2. Indicate below whether each item is a separate performance obligation and allocate the transaction price of 90,000 Protab Packages to the separate performance obligations in the contract 3. Prepare a journal entry to record sales of 90,000 Protab Packages Complete this question by entering your answers in the tabs below. Return toqu Performance Obligation? Percentage of Total Stand Alone Price 93.40% Item Descrption Protab tablet Limited 6-month warranty Option to purchase a Probook Option to purchase extended warranty Total stand alone price Yes No Yes Stand Alone Price $ 81,000,000 $ 0 $ 4,950,000 $ 777,880 $ 86,727,880 Yes 5.71% 0.90% 100,01% Percentage of Total Stand Alone Price 93 40% Total Transaction Price 32.800,000 Allocated Contract Price 3 $ 77.335,200 Tim Descrption Protabato Lind month warranty Option to purchase a Probook Option to purchase extended warranty To connect price $ 5 5.719 0.00 82.800,000 82.800.000 $ $ 4.727.880 745.200 82.300 200