Please provide detailed explanations on how to compute each # and double check the accounts. If no entry needed please write no entry

1. Splish Bundle A sells a tablet with 3 years of Internet service. The price for the tablet and a 3-year Intemet connection service contract is $494. The standalone selling price of the tablet is $225 (the cost to Splish Company is $176). Splish Company sells the Internet access service independently for an upfront payment of $321. On January 2, 2017, Splish Company signed 100 contracts, receiving a total of $49,400 in cash. 2. Splish Bundle B indludes the tablet and Internet service plus a service plan for the tablet PC (for any repairs or upgrades to the tablet or the Internet connections) during the 3-year contract period. That product bundle sells for $598. Splish Company provides the 3-year tablet service plan as a separate product with a standalone selling price of $147. Splish Company signed 200 contracts for Splish Bundle B on July 1, 2017, receiving a total of $119,600 in cash. Prepare any journal entries to record the revenue arrangement for Splish Bundle A on January 2, 2017, and December 31, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts. Round answers to O decimal places, e.g. 5,125.) Date Account Titles and Explanation Debit Credit Jan, 2, 2017 (To record sales) (To record cost of goods sold) Dec. 31, 2017 Prepare any journal entries to record the revenue arrangement for Splish Bundle B on July 1, 2017, and December 31, 2017. ( manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round ansv Date Account Titles and Explanation Debit Credit Jul. 1, 2017T (To record sales) To record cost of goods sold) Dec. 31, 2017 Repeat the requirements for part (a), assuming that Splish Company has no reliable data with which to estimate the standalone selling price for the Internet service. amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts. Round answe Date Account Titles and Explanation Debit Credit Jen, 2, 2017 To record sales) To record cost of goods sold) Dec. 31, 2017