1) On May 1, 20X7, Richardson Inc. entered into a contract to deliver a forklift to Kickapoo Co. Richardson delivers the forklift (with cost of $6,000) on May 31, 20x7. Kickapoo pays Richardson $10,000 on April 15, 20X7 Instructions (a) Prepare the journal entry on May 1, 20X7, for Richardson. (b) Prepare the journal entry on May 31, 20X7, for Richardson. (C) Prepare the journal entry on April 15, 20X7, for Richardson