Please help me correct the wrong answers (those with red marks) - Be careful since "No Entry" is NOT a correct answer for any of them (I have tried)... and the account names MUST be chosen from the "List of Accounts" provided above.

Problem 18-5 Headland Ranch & Sage is a distributor of ranch and farm equipment. Its products range from small tools, power equipment for trench-digging and fencing, grain dryers, and barn winches. Most products are sold direct via its company catalog and Internet site. However, given some of its specialty products, select farm implement stores carry Headland's products. Pricing and cost information on three of Headland's most popular products are as follows. Item Selling Price (Cost) Power fence hole auger Grain/hay dryer $ 3,400 1,300 14,700 ($1,800) (800) (10,900) Respond to the requirements related to the following independent revenue arrangements for eadland Ranch & Sage Your answer is correct. On January 1, 2017, Headland sells 40 augers to Mills Farm & Fleet for $52,000. Mills signs a 6-month note at an annual interest rate of 12%. Headland allows Mills to return any auger that it cannot use within 60 days and receive a full refund. Based on prior experience, Headland estimates that 5% of units sold to customers like Mills will be returned (using the most likely outcome approach). Headland's costs to recover the products will be immaterial, and the returned augers are expected to be resold at a profit. Prepare the journal entry for Headland on January 1, 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.) Account Titles and Explanation Debit Credit Nates Receivable 52000 Sales Revenuc To record sales) Cost of Goods Sold 52000 32000 nventory 32000 To record cost of goods sokd)