1. On April 10, 2017, Lambert Company enters a contract to sell goods for $600,000 to Carlson

Inc, the goods also have a cost of $300,000 to make. Carlson Inc., has recently experiences facility expansions and waiting for a new facility to open. As a result, the contract contains a bill-and-hold agreement, where Lambert will deliver the items on June 1, 2017. However, the title for the goods passes to Carlson on April 30^th. Record the journal entry for the sale of goods and cost of goods sold. Be sure to include the dates.