Betty's Antique Shop, a shop specializing in antiques from the 19th century, recently sold a chair from

Question:

Betty's Antique Shop, a shop specializing in antiques from the 19th century, recently sold a chair from the Civil War era for $60,000 on account. The state sales tax is 5%, and there is a $400- per-antique federal excise tax.
Required:
Provide the journal entry to record the sale.