Squeaky Shine provides car washing services in Jersey City, New Jersey. A three-month pass for automatic car wash sells for $60, which entitles the customer for an unlimited number of car washes during the contract period. Squeaky Shine estimates that pass holders wash their cars equally throughout the three-month period. On December 1 st, customers purchased $1,620 of the three-mont passes, with usage of the passes occurring evenly throughout the contract period. Required: 1. Prepare the journal entries that Squeaky Shine would record on December 1 and on December 31,2021 , with respect to this transaction. 2. State the account titles and amounts that will be included in Squeaky Shine's 2021 income statement and balance sheet. Complete this question by entering your answers in the tabs below. State the account titles and amounts that will be included in Squeaky Shine's 2021 income statement and balance sheet