Problem 3 (10 points) Mario's Truck Services provides maintenance services for truck vehicles. In March 2021, Rosa placed in order for a new set of tires for $350. When a customer purchases goods or services in excess of $300, Mario's gives the customer a 25% discount coupon for future purchases made in the next three months. Mario's estimates that approximately 80% of customers utilize the coupon and that on average those customers will purchase goods or services that typically sell for $75. Required: @ How many performance obligations are in Rosa's contract? Explain the reasons for your answer. by Prepare a journal entry to record revenue for this transaction, assuming that Mario's uses the residual method to estimate the stand-alone selling price of new tires sold without the discount coupon. Problem 3 (10 points) Mario's Truck Services provides maintenance services for truck vehicles. In March 2021, Rosa placed in order for a new set of tires for $350. When a customer purchases goods or services in excess of $300, Mario's gives the customer a 25% discount coupon for future purchases made in the next three months. Mario's estimates that approximately 80% of customers utilize the coupon and that on average those customers will purchase goods or services that typically sell for $75. Required: @ How many performance obligations are in Rosa's contract? Explain the reasons for your answer. by Prepare a journal entry to record revenue for this transaction, assuming that Mario's uses the residual method to estimate the stand-alone selling price of new tires sold without the discount coupon