were cash sales. Cost of sales is $45\%$ of the selling price. maximum discount of $20\%.$

Two performance obligations

b$.$ Record the journal entry to record revenue in the first day of the promotion period using the relative percentages to allocate standalone selling prices.

Note: Carry all decimals in calculations; round the final answer to the nearest dollar.

$\backslash$table$[[\backslash$table$[[$Performance$],[$Obligations$]],,\backslash$table$[[$Iction$],[$ce$],[$ated$]],,\backslash$table$[[$alone$],[$ing$],[$ce$]],,\backslash$table$[[$Total Alfocated$],[$Transaction Price$],[($rounded$)]]],[$Merchandise$,$$$,180,000vv,$$$,180,000vv,,180,000x$