Metlock Company selis on credits goods that cost \$304, 500 to Ricard Company for $409,500 on January 2, 2020. The sales price includes an installation fee. Which has a standalone seling price of 545,500 . The standalone selling price of the goods is 5364 , oco. The installation is considered a separate performance obligation and is expected to take 6 months to complete. (a) Prepare the journal entries (if any) to record the sale on January 2, 2020. (Credit dccount tities ore outomoticolly indented when amount is entered. Do not indent manuoly. If no entry is required, select "No entry" for the occount tilies and enter 0 for the amounts) (b) Metlock prepares an income statement for the fieat quarter of 2020 , ending on March 31. 2020 (installation was completed on June. 18. 2020). How mach revenue should Metlock recognize related to its sale to Ricard