Mattson Company receives royalties on a patent it developed several years ago. Royalties are 5% of net sales, to be received September 30 for sales from January through June and receivable on March 31 for sales from July through December. The pat rights were distributed on July 1, 2023, and Mattson accrued royalty revenue of $52,000 on December 31, 2023, as follows: Mattson received royalties of $56,200 on March 31, 2024, and $72,000 on September 30, 2024. In December, 2024, the pate indicated to Mattson that sales subject to royalties for the second half of 2024 should be $720,000. Required: 1. Prepare any journal entries Mattson should record during 2024 related to the royalty revenue. Note: 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