Your answer is partially correct. Bonita sells three grain/hay dryers to a local farmer at a total contract price of $50,000. In addition to the dryers, Bonita provides installation, which has a stand-alone sales value of $1,020 per unit installed. The contract payment also includes a $2,040 maintenance plan for the dryers for three years after installation. Bonita signs the contract on June 20, 2020, and receives a 20% down payment from the farmer. The dryers are delivered and installed on October 1, 2020, and full payment is made to Bonita. Prepare the journal entries for Bonita in 2020 related to this arrangement as well as any adjusting journal entries at its December year end. (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 for the amounts. Record journal entries in the order presented in the problem. Round answers to decimal places, e.g. 5,275.) Account Titles and Explanation Debit Credit Cash 10000 Unearned Revenue 10000