Johnson Company recelves royalties on a patent it developed several years ago. Royalties are 6% of net sales, to be received on September 30 for sales from January through June and receivable on March 31 for sales from July through December. The patent rights were distributed on July 1, 2020, and Johnson accrued royalty revenue of $57,000 on December 31,2020 , as follows: Johnson received royalties of $72,700 on March 31, 2021, and $97,000 on September 30, 2021. In December, 2021. the patent user indicated to Johnson that sales subject to royalties for the second half of 2021 should be $670,000. Required: Prepare any journal entries Johnson should record during 2021 related to the royalty revenue. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the entry related to the royalty revenue. Note: Enter debits before credits. 1 Record the entry related to the royalty revenue. 2 Record the entry related to the royalty revenue. 3 Record the entry related to the royalty revenue. Note tmet oevhts Derore creats Record the entry related to the royalty revenue. Note: Enter debits before credits. Journal entry worksheet 1 Record the entry related to the royalty revenue. Note: Enter debits before credits