COGS (20,000+2000) x60% 13,00 Inu 13,2.00 - Cash Question 3-(B) Allocate transaction price----- Juliar Windows manufactures and sells custom storm windows for enclosed porches. --- (5 Marks) Julia also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be provided by other vendors. Julia enters into the following contract on June 1, 2018, with a local homeowner. The customer purchases windows for a price of $3.500 and chooses Julia to do the installation. Julia charges the same price for the windows irrespective of whether it does the installation or not. The price of the installation service is estimated to have a fair value of $900. The customer pays Julia $3.000 (which equals the fair value of the windows, which have a cost of $1,700) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on August 1, 2018. Julia completes installation on September 15, 2018, and the customer pays the balance due. Prepare the journal entries for Julia in 2018. (Round amounts to nearest dollar.) Cash 3000 Ale nemned sense renul 3500 Solution June 1, 2018 5500 Om Se bile lo din exP 400