1. ABC sells cars that also provide entertainment services (music on demand, maps, mobile-hotspot, etc.) delivered and updated over the air. The services start at the delivery of the car and lasts for one year. The fair value of a car is $50,000. The fair value of the entertainment system for a year is $1,200/unit. In October 1,000 cars were delivered; in November 2,000 cars were delivered. And in December 5,000 cars were delivered. Prepare JEs for 10/1; 11/1; 12/1; and 12/31 assuming all sales were in cash and occurred at the first of the month.