Carla Ranch & Farm is a distributor of ranch and farm equipment. Its products range from small tools, power equipment for trench-digging and fencing, grain dryers, and barn winches. Most products are sold direct via its company catalog and Internet site. However, given some of its specialty products, select farm implement stores carry Carla's products. Pricing and cost information on three of Carla's most popular products are as follows. Item Mini-trencher Power fence hole auger Grain/hay dryer Standalone Selling Price (Cost) $ 3,700 $2,100 ) 1,300 (700) 13,000 (11,800 ) Respond to the requirements related to the following independent revenue arrangements for Carla Ranch & Farm. Carla sells three grain/hay dryers to a local farmer at a total contract price of $42,000. In addition to the dryers, Carla provides installation, which has a standalone selling price of $900 per unit installed. The contract payment also includes a $1,400 maintenance plan for the dryers for 3 years after installation. Carla signs the contract on June 20, 2020, and receives a 20% down payment from the farmer. The dryers are delivered and installed on October 1, 2020, and full payment is made to Carla. Prepare the journal entries for Carla in 2020 related to this arrangement. (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 o for the amounts. Round answers to o decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Jun. 20, 2020 TCash 8400 TAccounts Receivable ble 1 33600 Tunearned Service Revenue Unearned Service Revenue TUnearned Sales Revenue Toct. 1, 2020 Cash 2 Accounts Receivable (To record payment received) Unearned Service Revenue Unearned Sales Revenue Service Revenue Sales Revenue (To record sales) TCost of Goods Sold Inventory (To record cost of goods sold) TDec. 31, 2020 TUnearned Service Revenue