need help with the last part of this problem! no paper answers please, will upvote!

Blue Ranch \& Farm is a distributor of ranch and farm equipment, Its products range from small tools, power equipment for trenchdigging and fencing, grain dryers, and barn winches. Most products are sold direct via its company catalog and Internet site. However, given some of its specialty products, select farm implement stores carry Blue's products. Pricing and cost information on three of Blue's most popular products are as follows. Respond to the requirensents related to the following independent revenue arrargements for Blue Ranch Farm. Youranawer is correct. On january 1,2020, Biue sells 40 augers to Millsf arm \& Fleet for $52,000. Mills signs a b-month note at ari annual interest rate of 1205. Blue allows Milils to return any auser that it cannot use within 60 days and receive a full refund. Based on prior experience. Blue estimates that 5% of units sold to customers like Mills will be returned fusing the most likely cutcome approach) Blues costs ta recover the peoducts will be immaterial, and the teturned avgers are expected ta beresold at a profit. Prepare the journalentry for Blue on January 1,2020. (Creclit account titles are outomatically indented when the amewnt h entered, Do not indent manually if no entry his required, seiect "No entry" for the occourt tities and enter O for the amounts) Blue sells three grain/hay dryers to a local farmer at a total contract price of $47,500. In addition to the dryers, Blue provides installation, which has a standalone selling price of $1.100 per unit installed. The contract payment also includes a $1,200 maintenance plan for the dryers for 3 years after installation. Blue signs the contract on June 20,2020, and receives a 20\% down payment from the farmer. The dryers are delivered and installed on October 1,2020, and full payment is made to Blue. Prepare the journal entries for Blue in 2020 related to this arrangement. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. Round answers to 0 decimal places, e.g. 5,275. Service Reverue Sales Revenue (To record sales) Cost of Goods Sold Imventory (To record cost of goods sold) Uneamed Service Plevenue- Maintenance Service Revenue eTextbook and Media List of Accounts On April 25, 2020, Blue ships 90 augers to Farm Depot, a farm supply dealer in Nebraska, an consignment, By June 30,2020 , Farm Depot has sold 60 of the consigned augers at the listed price of $1,300 per unit. Farm Depot notifies Blue of the sales, retains a 10% commission, and remits the cash due Blue. Prepare the journal entries for Blue and Farm Depot for the consignment arrangement. (Credit account titles are automatically indented when the amount is entered. Do not indent manually if no entry is required, select "No entry" for the occount titles and enter O for the amounts.) (To record cost of sales) Blue Ranch \& Farm is a distributor of ranch and farm equipment, Its products range from small tools, power equipment for trenchdigging and fencing, grain dryers, and barn winches. Most products are sold direct via its company catalog and Internet site. However, given some of its specialty products, select farm implement stores carry Blue's products. Pricing and cost information on three of Blue's most popular products are as follows. Respond to the requirensents related to the following independent revenue arrargements for Blue Ranch Farm. Youranawer is correct. On january 1,2020, Biue sells 40 augers to Millsf arm \& Fleet for $52,000. Mills signs a b-month note at ari annual interest rate of 1205. Blue allows Milils to return any auser that it cannot use within 60 days and receive a full refund. Based on prior experience. Blue estimates that 5% of units sold to customers like Mills will be returned fusing the most likely cutcome approach) Blues costs ta recover the peoducts will be immaterial, and the teturned avgers are expected ta beresold at a profit. Prepare the journalentry for Blue on January 1,2020. (Creclit account titles are outomatically indented when the amewnt h entered, Do not indent manually if no entry his required, seiect "No entry" for the occourt tities and enter O for the amounts) Blue sells three grain/hay dryers to a local farmer at a total contract price of $47,500. In addition to the dryers, Blue provides installation, which has a standalone selling price of $1.100 per unit installed. The contract payment also includes a $1,200 maintenance plan for the dryers for 3 years after installation. Blue signs the contract on June 20,2020, and receives a 20\% down payment from the farmer. The dryers are delivered and installed on October 1,2020, and full payment is made to Blue. Prepare the journal entries for Blue in 2020 related to this arrangement. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. Round answers to 0 decimal places, e.g. 5,275. Service Reverue Sales Revenue (To record sales) Cost of Goods Sold Imventory (To record cost of goods sold) Uneamed Service Plevenue- Maintenance Service Revenue eTextbook and Media List of Accounts On April 25, 2020, Blue ships 90 augers to Farm Depot, a farm supply dealer in Nebraska, an consignment, By June 30,2020 , Farm Depot has sold 60 of the consigned augers at the listed price of $1,300 per unit. Farm Depot notifies Blue of the sales, retains a 10% commission, and remits the cash due Blue. Prepare the journal entries for Blue and Farm Depot for the consignment arrangement. (Credit account titles are automatically indented when the amount is entered. Do not indent manually if no entry is required, select "No entry" for the occount titles and enter O for the amounts.) (To record cost of sales)