Whispering Appliance Co. manufactures low-price, no-frills appliances that are in great demand for rental unitsi Pricing and cost information on Whispering's main products are as follows. Customers can contract to purchase either individually at the stated prices or a three-item bundle with a price of $1,800. The bundle price includes delivery and installation. Whispering also provides installation (not a separate performance obligation). Respond to the requirements related to the following independent revenue arrangements for Whispering Appliance Co. On June 1, 2020, Whispering sold 90 washer/dryer units without installation to Laplante Rentals for $63.000. Laplante is a newer customer and is unsure how this product will work in its older rental units. Whispering offers a 60 -day return privilege and estimates, based on prior experience with sales on this product, 4% of the units will be returned. Prepare the journal entries for the sale and related cost of goods sold on June 1, 2020. (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 0 for the amounts.)