editor indicated to Feenix on December 31, 2021, that book sales subject to royalties for the year just ended are expected to be $310,000. Accordingly, Feenix accrued royalty revenue of $37,200 at December 31 and received royalties of $37,710 on February 1, 2022. What adjustments, if any, should be made to retained earnings or to the 2021 financial statements? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record adjustments to be made to retained earnings for 2021 financial statements. Note: Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general journal