Mammoth Publishing, Inc. owns a weekly magazine called "Nova Health," and sells annual subscriptions for $96. Customers prepay their subscription fee and receive 52 issues starting in the following month. The company also offers new subscribers a 25% discount coupon on its other weekly magazine called "Fishing & Camping," which has a list price of $84 for an annual subscription. Mammoth estimates that approximately 10% of the discount coupons will be redeemed. Required: (a) How many performance obligations are in a single subscription contract? (b) Prepare the journal entry to account for one new subscription of "Nova Health," clearly identifying the revenue or deferred revenue associated with each performance obligation. Complete this question by entering your answers in the tabs belov Required A Required B How many performance obligations are in a single subscription contract? Number of performance obligations 2 Prepare the journal entry to account for one new subscription of "Nova Health," clearly identifying the revenue or deferred reve associated with each performance obligation. (If no entry is required for a transaction/event, select "No journal entry required" first account field. Round your answers to 2 decimal places.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 1 No Transaction Recorded