Wyman Corporation uses a process costing system. The company manufactured certain goods at a cost of $970 and sold them on credit to Percy Corporation for $1,415. The complete journal entry to be made by Wyman at the time of this sale is:

Debit Accounts Receivable $1,415; credit Sales $1,415; debit Cost of Goods Sold $970; credit Finished Goods Inventory $970. Debit Accounts Receivable $1,415; credit Sales $445; credit Finished Goods Inventory $970. Debit Cost of Goods Sold $1,415; credit Sales $1,415. Debit Finished Goods Inventory $970; debit Sales $1,415; credit Accounts Receivable $1,415; credit Cost of Goods Sold $970. Debit Accounts Receivable $1,415; debit Selling expense $970; credit Sales $1,415; credit Cost of Goods Sold $970.