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Please show all work and complete all three parts. Creative Computing sells a tablet computer called the Protab. The $740 sales price of a Protab

Please show all work and complete all three parts.
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Creative Computing sells a tablet computer called the Protab. The $740 sales price of a Protab Package includes the following . One Protab computer. A6-month limited warranty. This warranty guarantees that Creative will cover any costs that arise due to repairs or replacements associated with defective products for up to six months. A coupon to purchase a Creative Probook e-book reader for $400, a price that represents a 50% discount from the regular Proboor price of $800. It is expected that 20 % of the discount coupons will be utilized A coupon to purchase a one-year extended warranty for $65. Customers can buy the extended warranty for $65 at other times as well. Creative estimates that 40 % of customers will purchase an extended warranty Creative does not sell the Protab without the limited warranty, option to purchase a Probook, and the option to purchase extended warranty, but estimates that if it did so, a Protab alone would sell for $720. Required: 1. &2. Indicated below whether each item is a separate performance obligation and allocate the transaction price of 100,000 Protab Packages to the separate performance obligations in the contract. 3. Prepare a journal entry to record sales of 100,000 Protab Packages (ignore any sales of extended warranties). Complete this question by entering your answers in the tabs below. Req 3 Req 1 and 2 Indicated below whether each itern is a separate performance obligation and allocate the transaction price of 100,000 Protab Packages to the separate performance obligations in the contract. Percentage of Total Stand Alone Price Performance Stand Alone Price Item Description Obligation? Protab computers Limited 6-month warranty Option to purchase a Probook Option to purchase extended warranty Total stand alone price Req 1 and 2 Req 3 Indicated below whether each item is a separate performance obligation and allocate the transaction price of 100,000 Protab Packages to the separate performance obligations in the contract. Percentage of Total Stand Alone Price Performance Item Description Stand Alone Price Obligation? Protab computers Limited 6-month warranty Option to purchase a Probook Option to purchase extended warranty Total stand alone price Percentage of Total Stand Alone Price Allocated Contract Price Total Transaction Price Item Description Protab computers Limited 6-month warranty Option to purchase a Probook Option to purchase extended warranty Total contract price Req 3> Reg 1 and 2 Reg 1 and 2 Req 3 Prepare a journal entry to record sales of 100,000 Protab Packages (ignore any sales of extended warranties). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet K Record the sales of 100,000 Protab Packages. Note: Enter debits before credits. Transaction General Journal Debit Credit View general journal Record entry Clear entry

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