Suppose that on January $1,2022,$ Boeing sells one of its $777$ series planes to Singapore Airlines on account$$its first and only transaction on the first day of the fiscal year. The sales price is $$400$ million and the inventory cost $$330$ million to manufacture. Record the journal entry for this transaction. Which account$($s$)$ in the income statement would increase or decrease as a result of this transaction? Which account$($s$)$ in the balance sheet would increase or decrease as a result of this transaction? What is the new balance in these accounts? Update the December $31,2022,$ total amount of assets, liabilities and stockholders$$ equity to show that Boeing$$s balance sheet remains in balance after this transaction is properly recorded.