Creative computing sells a tablet computer called the protab. the $970 sales price of a protab package includes the following: one protab computer. a 6-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 $375, a price that represents a 40% discount from the regular probook price of $625. it is expected that 20% of the discount coupons will be utilized. a coupon to purchase a one-year extended warranty for $50. customers can buy the extended warranty for $85 at other times if they do not use the $50 coupon. creative estimates that 35% 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 an extended warranty, but estimates that if it did so, a protab alone would sell for $950.

required: 1. & 2. indicate below whether each item is a separate performance obligation and allocate the transaction price of 80,000 protab packages to the separate performance obligations in the contract.

3. prepare a journal entry to record sales of 80,000 protab packages (ignore any sales of extended warranties).