Sheridan Company sells total outdoor grilling solutions, providing gas and charcoal grills, accessories, and installation services for custom patio erilife stations Respond to the requirements related to the following independent revenue arrangements for Sheridan products and services Click here to view factor table Sheridan offers contract CM205, which is comprised of a free-standing gas grill for small patio use plus installation to a customer's gas line for a total price $846. On astandalone basis, the grill sells for $757 (cost $425), and Sheridan estimates that the standalone selling price of the installation service (based on cost-plus estimation) is $139. (The selling of the grill and the inatallation services should be considered two performance obligations.) Sheridan signed 10GM205 contracts on April 20, 2020, and customers paid the contract price in cash. The erills were delivered and installed on May 15, 2020. Prepare joumat entries for. Sheridan for GM205 in April and May 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manuslly. If no entry is required, select "No entry" for the occount titles and enter O for the armeunts. Round answers to O decimol places, es. 5,275. TheState of Kentucky is planning major renovations in its parks during 2020 and enters into a contract with 5 heridan to purchase 400 durable, easy maintenance, standard charcoal grills during 2020. The gridls are priced at $220 each (with a cost of $176 each). and Sheridan provides a 6\% volume discount if Kentucky purchases at least 280 arils during 2020, On April 17, 2020, Sheridan delivered and recelved payment for 260 grilk. Based on prior experience with the State of Kentucky renovation projects, the delivery of this many grills makes it certain that Kentucky will meet the discount threshold Prepare the journal entries for Sheridan for grills sold on April 17, 2020. Assume the company records sales transaction net. (Credit account titles are automatically indented when the amount is enternd. Do not indent manublly. If no entry is required, select "No entry" for the occount titles and enter O for the amounts)