In January 2021, Dykin Construction Corp. contracted to construct a building for $5,500,000. Construction started in early 2021 and was completed in 2022 . The following additional information is Sea Water Spas provides a custom sales package to customers. Sea Water sold a custom package including 50 Hot Tubs and service maintenance to the Marriott Hotel chain for their hotels. Sea Water received $115,000 in total for the custom package. Each Hot Tub sells for $2,000 and the maintenance package covers 3 years and sells for $500 if sold individually. The cost of the Hot Tubs to Sea Water was $1,400. Instructions a) Calculate the sale price that should be allocated to each component of the bundle. Best Buys sold 300 laptops to the Province of Nova Scotia during 2022 at a total price of $240,000, with a warranty guarantee that the product was free from any defects. The cost of the laptops sold was $180,000. The term of the assurance warranty is one year, with an estimated cost of $10,000. In addition, Best Buy sold extended warranties on the laptops for four years beyond the one-year period for $75,000. Instructions Prepare the journal entries to record the sale and related warranties for 2022