Three programmers at Feenix Computer Storage, Inc., write an operating systems control manual for Hill-McGraw Publishing, Inc., for which Feenix receives royalties equal to 12% of net sales. Royalties are payable annually on February 1 for sales the previous year. The editor indicated to Feenix on December 31, 2021, that book sales subject to royalties for the year just ended are expected to be $290,000. Accordingly. Feenix accrued royalty revenue of $34.800 at December 31 and received royalties of $35,290 on February 1, 2022. What adjustments, if any, should be made to retained earnings or to the 2021 financial statements? (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction list Journal entry worksheet Record adjustments to be made to retained earnings for 2021 financial statements. Note: Enter debits before credits Event General Journal Debit Credit 1 Record entry Clear entry View general journal