EXTENDED PAYMENT TERMS

1/1/2021	Slaughter & Son sold a Deluxe Funeral Package to a customer (who had not been feeling
	well lately) in exchange for a zero interest bearing note with a face value of $6,000 with
	payment due in 12 months.
	Fair value of the funeral package at the date of sale		5,500
	Cost of funeral package		4,200
	Prepare the journal entries for Slaughter and Sons for 2021 and 2022