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Question 6. This question is worth one point for Part a and one point for Part b. RGS provides tour-guide services in a particular geographic area. It hires two employees (whose nicknames are Rocky and Bullwinkle) to lead some of its tours in the area. Rocky and Bullwinkle grew up in the area, and have gone hiking in the area since they were small children, so they know the area well and can guide tourists to the best spots for taking photographs. They are also people who want the natural areas to remain unspoiled for people to enjoy in future years and future generations, so they remind the guests to cart out their own trash. "Leave nothing behind but footprints." A big travel company similar to Expedia, Travelocity, and GetARoom signs a contract with RGS to provide tour-guide services to its customers. In turn, those travel companies bundle the tours in with the air fares, rental vehicles, and hotel rooms to sell travel packages which are popular with vacationers. The big travel company is willing to pay a bonus if a certain percentage of customers who respond to its survey indicate that they would book travel again with the big travel company. RGS was paid up front for its tour services for the month. On the twenty-second of the month, the bonus feature is structured as shown below. RGS management believes the first probability shown is likely to be exceeded, and therefore RGS will earn the bonus. Up-front payment received for tour services 19,000 Bonus to be received if big travel company customers say they are likely to book travel again with that big travel company 55% likelihood of customers saying yes 5,000 35% likelihood of customers saying yes 3,000 10% likelihood of customers saying yes 500 Required: I Part a. Make the journal entry for the up-front payment RGS received for this month's tour services provided to the big travel company. Part b. if warranted, make the journal entry for any bonus it is likely to receive, based on the most likely amount. If no journal entry is warranted, specifically state that no journal entry is to be made

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