need help please

SALE HY INSTRUCTOR ESCRINI ERI Brief Exercise 9-08 Bumble Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2001 at a cost of $1,000,300. At December 31, 2020, the raw materials to b purchased have a market value of $954,700. In 2021, Bramble paid $1,000,300 to obtain the raw materials which were worth $954,700. Prepare the entry to record the purchase. (Credit accounts automatically indented when amount is entered. Do not inden manly. If he entry is required, select " entry for the titles and enter for them .) Account Titles and Explanation Debit Credit