On October $1,2025,$ Wildhorse sold one of its super deluxe combination gas$/$charcoal grills to a local builder. The builder plans to install it in one of its "Parade of Homes" houses. Wildhorse accepted a $3-$year, zero$-$interest$-$bearing note with face amount of $$5,484.$ The grill has an inventory cost of $$2,641.$ An interest rate of $10\%$ is an appropriate market rate of interest for this customer. Prepare the journal entries on October $1,2025,$ and December $31,2025.($Credit account titles arcautomatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. Round present value factor calculations to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and the final answer to $0$ decimal places e$.$ g$.58,971.$ List all debit entries before credit entries. Record journal entries in the order presented in the problem.$)$

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Account Titles and Explanation

Debit

Credit

Discount on Notes Receivable

Sales Revenue

$($To record sales$)$

$\mathrm{.}025$

$($To record cost of goods sold$)$