Ivanhoe Company sells total outdoor barbecue solutions, providing gas and charcoal barbecues, accessories, and installation services for custom patio barbecue stations. Respond to the requirements related to the following independent revenue arrangements for Ivanhoe products and services. Assume that Ivanhoe follows IFRS. Click here to view Table A.2 - PRESENT VALUE OF 1 - (PRESENT VALUE OF A SINGLE SUM) (a) Ivanhoe offers contract BM205, which consists of a free-standing gas barbecue for small patio use plus installation to a customer's gas line for a total price of $880. On a stand-alone basis, the barbecue sells for $790 (cost $455 ), and Ivanhoe estimates that the fair value of the installation service (based on cost-plus estimation) is $170. Ivanhoe signed 12 BM205 contracts on April 20,2023, and customers paid the contract price in cash. The barbecues were delivered and installed on May 15 , 2023. Prepare journal entries for Ivanhoe for BM205 in April and May 2023. (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. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)