Warren Marina owns a large marina that contains numerous boat slips of various sizes. Warren contracts with boat owners to provide slips to house the customers' boats. Lucky Fisher Fleet contracted with Warren to provide space for four of its fishing boats. - The contract specifies that Lucky Fisher's boats will be kept in identified slips in the marina. - Warren has the right to shift the boats to other slips within its marina at its discretion, subject to the requirement to provide 45 foot slips per boat for a three-year period. Warren frequently rearranges its customers' boats to meet the needs of new contracts. Costs of reallocating space is low relative to the benefits of being able to accommodate more customers and their specific requests. - Lucky Fisher paid $21,000 on March 1, 2024, for the first year's accommodations. - The market rate of interest is 7%. Required: Prepare the appropriate entry(s) for Lucky Fisher Fleet at March 1, the commencement of the agreement