Company A manufactures and sells custom storm windows for homes. Company A also provides installation services for the windows. The installation process does not involve changes to the windows, so this service can be provided by other vendors. Company A enters into the following contract on June 1, 2021, with a local homeowner: the customer purchases both windows and installation, from Company A, for a total price of $4,700. Company A charges the same price for the windows irrespective of whether it does the installation or not. The windows are delivered on August 1, 2021, and the customer pays Company A $4,000 (which equals the fair value of the windows, which have a cost of $2,300) upon delivery and the remaining balance upon installation of the windows. The price of the installation service is estimated to have a fair value of $1,200. Company A completes installation on September 15, 2021, and the customer pays the balance due.

Required: Using GAAP from Topic 606 of the Accounting Standards Codification, prepare the journal entries for Company A as discussed in the narrative above. For each journal entry show all calculations in the explanation area below each entry. (Round journal entry amounts to the nearest dollar.)