Sandhill sells 3-D printers along with a number of retail items. The package price and stand-alone selling prices of each item are as follows. The printer and stand are often sold as a bundle with the bundling discount noted below. Stand-Alone Selling Price $5,800 Price When Bundled Bundling Discount Item 3-D printer (cost $4,640) $5,220 $580 Custom stand (cost $230) 520 520 -0- Special 3-D plastic (cost $160) 200 200 -0- Total for bundle $6,520 $5.940 $580 Due to the timing of the delivery-the plastic is delivered six months after the printer is delivered to the customer-Sandhill chooses to account for two performance obligations: (1) the printer and stand, and (2) the plastic. Prepare the journal entries for Sandhill on March 1, 2020, when Sandhill receives $59,400 for the sale of 10 printer bundles, and September 1, 2020, when the plastic is delivered to customers. (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 O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Cre March 1, 2020 (To record sales) March 1, 2020 March 1, 2020