Billy's Balloon Factory (BBF) enters into a sales contract with a new customer involving a significant financing component. Delivery occurs at the date of the contract inception. However, payment of the contract price of 5530,000 will not occur until three years later. The interest rate charged in similar arrangements in the industry is 9%. What amount should BBF record as the sale in the journal? Which rancal statement item is impacted by this transaction The problem solving for Presente The calculation involves Table Method X X 510000 341 Record the sale in the journal Accounts Date of Delivery Debit Credit How much interest will here in How twin Year) (1) Read the scenario and answer the three questions, (2) Fill in the table with the correct formula, find and enter the factor from the correct table to be used in the formula, then calculate the value the problem is solving for. Factor should be entered including four decimal places. All dollar amounts should be rounded to the nearest whole dollar. (3) Fill out the journal entry