Crane Company selis goods that cost $493,500 to Ceradyne Company for $573,000 on January 2,2025 on account. The sales price includes an installation fee, which is valued at $64,500. The fair value of the goods is $508,500. The installation is considered a separate performance obligation and is expected to take 6 months to complete. (a) Prepare the journal entries (if any) to record the sale on January 2, 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required. sefect "No Entry" Tor the account tites and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 2, 2025 (To record sales on account) Jan.2,2025 (To record cost of goods sold)