On December 31, 2020, Flounder Inc. rendered services to Beghun Corporation at an agreed price of $111,829, accepting $44,400 down and agreeing to accept the balance in four equal installments of $22 200 receivable each December 31. An assumed interest rate of 12% is imputed. (21) (22) Prepare the entries that would be recorded by Flounder Inc. for the sale on December 31, 2020. (Round answers to decimal places, es 5,275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Credit Debit Account Titles and Explanation