ANDARD V VERSION BACK Problem 18-3 Whispering Company sells total outdoor grilling solutions, providing gas and charcoal grills, accessories, and installation services for custom patio grilling stations. Respond to the requirements related to the following independent revenue arrangements for Whispering products and services Whispering offers contract GM205, which is comprised of a free-standing gas grill for small patio use plus installation to a customer's gas line for a total price $744. On a standalone basis, the grill sells for $647 (cost $458), and Whispering estimates that the standalone selling price of the installation service (based on cost-plus estimation) is $143. (The selling of the grill and the installation services should be considered two performance obligations.) Whispering signed 10 GM205 contracts on April 20, 2017, and customers paid the contract price in cash. The grills were delivered and installed on May 15, 2017. Prepare journal entries for Whispering for GM205 in April and May 2017. (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.) Date Account Titles and Explanation Debit Credit Apr. 20, 2017 Cash 7,440 Unearned Sales Revenue 6,090 Unearned Service Revenue 1350 May 15, 2017 Unearned Sales Revenue 6,090 nearned Service Revenue 1,350 Sales Revenue 6,090 Service Revenue 1,350 (To record sales) Cost of Goods Sold 4,580 4,580 To record cost of goods sold) SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT The State of Kentucky is planning major renovations in its parks during 2017 and enters into a contract with Whispering to purchase 440 durable, easy maintenance, standard charcoal grills during