On March 1, 2021, Gold Examiner receives $139,000 from a local bank and promises to deliver 94 units of certified 1- oz. gold bars on a future date. The contract states that ownership passes to the bank when Gold Examiner delivers the products to Brink's, a third-party carrier. In addition, Gold Examiner has agreed to provide a replacement shipment at no additional cost if the product is lost in transit. The stand-alone price of a gold bar is $1,410 per unit, and Gold Examiner estimates the stand-alone price of the replacement insurance service to be $90 per unit. Brink's picked up the gold bars from Gold Examiner on March 30, and delivery to the bank occurred on April 1. Required: 1. How many performance obligations are in this contract? 2. to 4. Prepare the journal entry Gold Examiner would record on March 1, March 30 and April 1. Journal entry worksheet Record the receipt of cash by Gold Examiner. Note: Enter debits before credits. Date General Journal Debit Credit March 01, Cash 139,000 2021 Deferred revenue - insurance Deferred revenue Record any necessary entry when Brink's has picked up the gold bars from Gold Examiner Note: Enter debits before credits. Date General Journal Debit Credit March 30, 2021 Deferred revenue Sales revenue Record any necessary entry upon delivery of the gold bars to the bank. Note: Enter debits before credits. General Journal Debit Credit Date April 01, 2021 Deferred revenue Service revenue