Company C, an automobile manufacturer, sold 2 trucks to a customer for $60,000 on January 5, 2014. Each of the trucks has a manufacturing cost of $20,000. What would be the entry to record the transfer of inventory to the customer? Accounts

Raw Materials

Work in Process

Finished Goods

Cost of Goods Sold

Amounts $40,000 $40,000 $60,000 $60,000