Caria Vista Company manufactures products ranging from simple automated machinery to complex systems containing numerous components. Unit selling prices range from $200,000 to $1,500,000 and are quoted inclusive of installation. The installation process does not involve changes to the features of the equipment and does not require proprietary information about the equipment in order for the installed equipment to perform to specifications. Carla Vista has the following arrangement with Vaughn inc Vaughn purchases equipment from Carla Vista for a price of $976,600 and contracts with Carla Vista to install the equipment: Carla Vista charges the same price for the equipment irrespective of whether it does the installation or not. Using market data, Carla Vista determines installation service is estimated to have a standalone selling price of $51,400. The cost of the equipment is $630,000. - Vaughn is obligated to pay Carla Vista the $976,600 upon the delivery of the equipment. Carla Vista dellvers the equipment on June 1,2025, and completes the installation of the equipment on September 30 , 2025. The equipment has a useful life of 10 years. Assume that the equigment and the installation are two distinct performance obligations which should be accounted for separately. Prepare the journal entries for Carla Vista for this revenue arrangement on June 1,2025 and September 30,2025 , assuming Carla Vista recnives payment when installation is completed. (Credit occoont titles are automoticolly indented when the amount is entered. Do not indent manually. If no entry is roquired, select "No entry" for the account titier and enter 0 for the amioumts, Lht alt debit entries before credit entries. Record journol entries in the order presented in the problem. Roumd answers to 0 decinal places, es. 5.275