Will continue to offer a 5% discount on all sales during the same time penod, which will be avaliable to all customers. Based on expenence. Meta Computer estimates a 50% probability that Bionics will redeem the 25% discount voucher and that the coupon will be applied to $7,000 of purchases. The stand-alone selling pince for the Comfort Office Keyboard is $1900 per unit. Required: 1. How many performance obligations are in this contract? 2. Prepare the joumal entry that Meta would record on May 1, 2024. 3. Assume the same facts and circumstances as above, except that Meta gives a 5% discount option to Bionics instead of 25% in this case what joumal entry would Meta record on May 1, 2024? Complete this question by entering your answers in the tabs below. Prepare the journal entry that Meta would record on May 1, 2024. Asrume the same facts and circumstances as above, exfept that Meta gives a 59 discount option to gionics instead of 25%. In this casie. what joumal entry would Meta record on May 1, 2024? fotes if me entry is required for a tranactiondevent; select "No foumal entry requited" in the first account field: Journal entry worksheet Record the entry for Meta on May 1, 2021 assuming that Mata gives a 5% discount option to Eionici instead of 25%. tiater Intar dess belor cutdta. On May 1, 2024, Meta Computer, Incorporated, enters into a contract to sell 5.700 units of comfort Office Keyboard to one of its cilents, Bionics, Incorporated, at a fixed price of $96,900, to be setied by a casti payment on May 1. Delivery is scheduled for June 1. 2024 As pan of the contract, the seller offers a 25% discount coupon to Bionics for ary purchases in the next six months. The seller wili continue to offer a 5% discount on all sales during the same time period; which wili be avallable to all customers, Based on experlence. Meta Computer estimates a 50% probability that Bionics will redeem the 25% discount voucher and that the coupon will be applied to $57,000 of purchases. The stand alone selling price for the comfort Once Keyboard is $1900 per unit Required: 1. How many performance obligations are in this contract? 2. Prepare the journal entry that Meta would record on Mby 1.2024 3. Assume the same facts and circumstances as above. except that Meto gives a 5 f discount option to Bionics instead of 25% in this case: what journal entry would Meta record on May 1, 2024? Complete this question by entering vour answers in the tabs befaw, How many performance abligations are in this contract