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In September 2020, Coronado Corp.commits to selling 144 of its iPhone-compatible docking stations to Better Buy Co. for $14,112 ($98 per product). The stations are

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In September 2020, Coronado Corp.commits to selling 144 of its iPhone-compatible docking stations to Better Buy Co. for $14,112 ($98 per product). The stations are delivered to Better Buy over the next 6 months. After 90 stations are delivered, the contract is modified and Coronado promises to deliver an additional 43 products for an additional $3,999 ($93 per station). All sales are cash on delivery Prepare the journal entry for Coronado for the sale of the first 90 stations. The cost of each station is $59. (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 for the amounts.) Account Titles and Explanation Debit Credit (To record sales)

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