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 contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,280 and chooses Coronado to do the installation. Coronado charges the same price for the windows irrespective of whether it does the installation or not. The installation service is estimated to have a standalone selling price of $630. The customer pays Coronado $1,980 (which equals the standalone selling price of the windows, which have a cost of $1,140) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Coronado completes installation on October 15, 2020, and the customer pays the balance due. Prepare the journal entries for Coronado in 2020. (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 answer to O decimal places, e.g. 5,125.) Account Titles and Explanation Date 1, 2020 No Entry No Entry (To record contract entered into) Debit Credit p. 1, 2020 Cash Accounts Receivable Sales Revenue Service Revenue (To record sales) Cost of Goods Sold Inventory (To record cost of goods sold) t. 15, 2020 Cash Accounts Receivable Sales Revenue Service Revenue 1980 300 1140 1650 630 1140