In September $2020,$ Skysong Corp. commits to selling $137$ of its iPhone$-$compatible docking stations to Better Buy Co$.$ for $$14,111($$$103$ per product$).$ The stations are delivered to Better Buy over the next $6$ months. After $94$ stations are delivered, the contract is modified and Skysong promises to deliver an additional $41$ products for an additional $$4,018($ $$98$ per station$).$ All sales are cash on delivery.

$($a$)$

Prepare the journal entry for Skysong for the sale of the first $94$ stations. The cost of each station is $$56.($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 $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

$($To record sales$)$

$($To record cost of goods sold$)$

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$($b$)$

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$($c$)$

The parts of this question must be completed in order. This part will be available when you complete the part above