Blossom Appliance Co. manufactures low-price, no-frills appliances that are in great demand for rental units. Pricing and cost information on Blossom's main products are as follows. Item Refrigerator Range Stackable washer/dryer unit Stand-Alone Selling Price (Cost) $490 ($260) $600 ($295) $670 ($400) Customers can contract a purchase either individually at the stated prices or for a three-item bundle with a price of $1,800. The bundle price includes delivery and installation. Blossom provides delivery and installation as a stand-alone service for any of its products for $90. The company follows IFRS. Respond to the requirements related to the following independent revenue arrangements for Blossom Appliance Co. YellowCard Property Managers operates upscale student apartment buildings. On May 1, 2020, Blossom signs a contract with YellowCard for 300 appliance bundles to be delivered and installed in one of its new buildings. YellowCard pays 20% cash at contract signing and will pay the balance upon delivery and installation no later than August 1, 2020. Prepare journal entries for Blossom on May 1, 2020, and August 1, 2020, when all appliances are delivered and installed. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Record journal entries in the order presented in the problem.) e Account Titles and Explanation Debit Credit 20 Cash 108000 Unearned Revenue 108000 2020 V (To record sales)