Ivanhoe Company sells total outdoor grilling solutions, providing gas and charcoal grills, accessories, and installation services for custom patio grilling stations. Respond to the requirements related to the following independent revenue arrangements for Ivanhoe products and services.

Ivanhoe offers contract GM205, which is comprised of a free-standing gas grill for small patio use plus installation to a customers gas line for a total price $ 796. On a standalone basis, the grill sells for $ 693 (cost $ 407), and Ivanhoe estimates that the standalone selling price of the installation service (based on cost-plus estimation) is $ 151. (The selling of the grill and the installation services should be considered two performance obligations.) Ivanhoe signed 10 GM205 contracts on April 20, 2020, and customers paid the contract price in cash. The grills were delivered and installed on May 15, 2020. Prepare journal entries for Ivanhoe for GM205 in April and May 2020.