Sky Company contracted to sell equipment to Earth Inc. on October 21, 2021 for $90,000. In addition to delivering the equipment to Earth, Sky also contracted to (1) train Earths employees to operate the equipment and (2) to maintain the equipment for a period of 24 months. The standalone prices of each distinct performance obligation on the contract date were Equipment: $90,000 Training: $ 2,800 Maintenance: $ 7,200 Sky delivered the equipment to Earth on November 1, 2021. Training was completed during November and December, 2021. Earth paid the transaction price on December 31, 2021. Required: Make all of the journal entries on the dates specified on the answer sheet.