Coronado Windows manufactures and sells custom storm windows for three-season porches. Coronado also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Coronado enters into the following non-cancellable contract on July 1, 2017, with a local homeowner. The customer purchases windows for a price of $2,880 and chooses Coronado to do the installation. Coronado charges the same price for the windows regardless of whether it does the installation or not. The price of the installation service is estimated to have a fair value of $720. The customer pays Coronado $2,400 (which equals the fair value of the windows, which have a cost of $1,080) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2017, Coronado completes installation on October 15, 2017, and the customer pays the balance due. Prepare the journal entries for Coronado in 2017. (Assume IFRS is a constraint.) (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 0 for the amounts. Round intermediate calculations to 4 decimal places, e.g. 0.5675 and final answers to 0 decimal places, e.g. 5,275.)

Account Titles and Explanation Debit Credit September 1, 2017 (To record delivery of windows.) (To record cost of goods sold.) October 15, 2017