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Problem 1 Creative Computing sells a tablet computer called the Protab. The $780 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 $450, a price that represents a 40% discount from the regular Probook price of $750. It is expected that 20% of the discount coupons will be utilized. * A coupon to purchase a one-year extended warranty for $65. Customers can buy the extended warranty for $110 at other times if they do not use the $65 coupon, Creative estimates that 30% 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 $760. Required: Prepare an Excel spreadsheet showing the number of performance obligations, and the allocation of the transaction price to each of these obligations. Be clear in the set- up of the spreadsheet to show all amounts needed to compute the allocation and use formulas in Excel for computations. Do not round intermediate calculations. Round final numbers to whole dollars. Record the journal entry for the contract based on your calculations

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