On October 1, 2020, Windsor 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. Windsor accepted a 3- year, zero-interest-bearing note with face amount of $5,484. The grill has an inventory cost of $2,487. An interest rate of 10% is an appropriate market rate of interest for this customer. Prepare the journal entries on October 1, 2020, and December 31, 2020. (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 0 for the amounts. Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971.) Date Account Titles and Explanation Debit Credit Oct. 1, 2020 Notes Receivable 5,484 Sales Revenue Discount on Notes Receiva (To record sales) Cost of Goods Sold 2,487 Inventory (To record cost of goods sold) Dec. 31, 2020 Discount on Notes Receiva 103 Interest Revenue 2,487 103