On July $1,2024,$ Emily Inc. sold tech systems to retailers on account for a selling price of $$1,700,000.$ Emily Inc. grants the right to return systems that do not sell within six months following delivery. Past experience indicates that the normal return rate is $20\%.$ By December $31,$ following the collection of account receivables, retailers returned systems to Emily Inc. for refunds of $$178,000.$ The company follows IFRS.

Prepare Emily Inc$$s journal entries for $2024$ related to these sales and returns. Omit any cost of goods sold$/$inventory entries.