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Toan Corp.sells air conditioners Pricing and cost information on air conditioner areas fotos Item Unit Standalone Seling Unit Cost Price Ar conditioner S1800 $2.900 Timelett Toan Corpsels 5 air conditioners to Ace company at a total contract price of $18,000. The contract prices includes 2e plan starting from the appliance delivery date. The maintenance service is determined to have a fair value of 51.000. Ace company is obligated to pay folin Corp. $15,000 on the delivery of the appliance Ten Corp in the contract on 1 2020 The conditioner me delivered on October 1, 2020 and the contract price is paid to Tolan Corp on the same date the maintenance plans tomtober 1.2030 Note: you may not use all row/columns of the provided tables 1 AB ( What are the different performance obligations in the arrangement pont The Information The performance on How should the transaction once or be located between the performance obligation your combo) Penare all necessary journal entries for Toan Coron October, 2020 upon which anys obligated to pay lolan Corp. the $18,000 upon the delivery of the appliance. Toan Corp. signs the contract on May 1, 2020 h are delivered on October 1, 2020, and the contract price is paid to Tolan Corp. on the same date. The 2-year maintenance plan starts from October 1, 2020 Notes you may not use tro/columns of the provided tables A- B 1 Prepare all necessary journal entries for Tolan Corp. on October 1, 2020 upon delivery of the women and the recept of the contractice points D 4 Prepare the adjusting journal entry for Tolon Corp. on December 31, 20294 C

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