Sweet Acacia Windows manufactures and sells custom storm windows for three-season porches, Sweet Acacia also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Sweet Acacia enters into the following non-cancellable contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $4,300 and chooses Sweet Acacia to do the installation. Sweet Acacia charges the same price for the windows regardless of whether it does the installation or not. The customer pays Sweet Acacia $3,504 (which equals the fair value of the windows, which have a cost of $1,400) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Sweet Acacia completes installation on October 15, 2020, and the customer pays the balance due. Perform step 4 of the five-step process for revenue recognition Prepare the journal entries for Sweet Acacia on July 1, September 1, and October 15, 2020, assuming Sweet Acacia estimates the stand-alone value of the installation based on an estimated cost of $730 plus a margin of 20% on cost. (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. Round percentage allocations to 2 decimal places, e.g. 15.25 and final answers to decimal places, c.8. 5,275. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit luly 1, 2020 No Entry O No Entry 0 jeptember 1, 2020 (To record sales) Cost of Goods Sold tieptember 1, 2020: 1400 Inventory 1400 (To record cost of goods sold) October 15, 2020 Cash Service Revenue Accounts Receivable