Mammoth Publishing, Incorporated owns a weekly magazine called "Nova Health," and sells annual subscriptions for $90. Customers prepay their subscription fee and receive 52 issues starting in the following month. The company also offers new subscribers a 30% discount coupon on its other weekly magazine called Fishing & Camping, which has a list price of $60 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 below. Required A Required 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. 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. Round your answers to 2 decimal places. View transaction list Journal entry worksheet 1 Record the revenue or deferred revenue associated with each performance obligation. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal Show less