Cullumber Company is presently testing a number of new agricultural seed planters that it has recently developed, To stimulate interest, it has decided to grant to five of its largest customers the unconditional right of return of these products if not fully satisfied. The right of return extends for 4 months, Cullumber estimates returns of 10%. Cullumber sells these planters on account for $1,460,000 (cost \$803,000) on January 2, 2025. Customers are required to pay the full amount due by March 15, 2025., Assume that one customer returns planters on March 1, 2025. due to unsatisfactory performance. Prepare the journal entry to record this transaction, assuming this customer purchased $110.000 of planters from Cullumber. (Credit occount titles are outomatically indented when 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. List all debit entries before credit entries. Record joumal entries in the order presented in the problem.)