On October 2, 2020, Pina Company sold $5,720 of its elite camping gear (with a cost of $3,620 ) to Lynch Outfitters. As part of the sales agreement, Pina includes a provision that if Lynch is dissatisfied with the product, Pina will grant an allowance on the sales price or agree to take the product back (although returns are rare, given the long-term relationship between Pina and Lynch). Pina expects total allowances to Lynch to be $840. On October 16,2020 , Pina grants an allowance of $410 to Lynch because the color for some of the items delivered was a bit different than what appeared in the catalog. (a) Prepare journal entries for Pina to record (1) the sale on October 2, 2020, (2) the granting of the allowance on October 16, 2020, and, (3) any adjusting required on October 31, 2020 (when Pina prepares financial statements). Pina now estimates additional allowances of $240 will be granted to Lynch in the future. (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.) (2) (To record allowance) (3) (To record estimated remaining allowances)