PULT Tallic d. Healthcare Industry. A hospital treats a patient in an the provider fulfilled its obligations to provide services to the patient? nt nue cable television service for 15 months. In exchange, the customer pays a $75 upfront fee for installation of the cable television receiver (which must be returned to CharterX Inc. at the end of the contract term) and 880 month for the premium package of 200+ channels. The $75 upfront fee has no standalone selling price as it is not sold separately. The $80 charge per month for cable services is at its standalone selling price. The company has determined that the contract for the receiver is not a lease. Required a. (1) How many performance obligations are established in the revenue contract? (2) Record the entry by the seller at the initiation of the contract assuming 100 contracts are initiated. (3) Record the entry by the seller one month after initiation of the contract. b. CharterX Inc. also offers a bundled package where a customer receives the 15-month cable subscription (and cable television receiver) along with an internet connection for an upfront fee of $75 plus $100 a month (stated to the customer as $80 per month for cable service, and an additional $20 per month for internet ser vice). The standalone selling price of the internet connection is $40 per month. (1) How many performance obligations are established in the revenue contract? (2) Record the entry by the seller at the initiation of the contract assuming 100 new customers sign up for the bundled option. (3) Record the entry by the seller ce month after initiation of the contract. Round amounts to the nearest dollar. Best Burritos Inc., a restaurant chain, sponsors a new customer loyalty program. For every purchase, there late the right to free menu items. For the month of June 2020. Best Burritos Inc. records sales on loyalty cards. The average value of $10.000. Due to the seriousness of the injury, the hospital was unable to evaluate the patient's intentan, ability to pay for the services at the time the services were provided. Is a valid contract in place given the tomer swipes their reward card that tracks their spending at the restaurant. Every cumulative $50 spent eams the customer a free menu item. It is common for customers to track spending using the loyalty card and to accum CharterX Inc. establishes a contract with a customer to deliver both a cable television receiver (equipment and