Your answer is correct.

Carla Vista sells $3$D printer systems. Recently, Carla Vista provided a special promotion of zero$-$interest financing for $2$ years on any new $3$D printer system. Assume that Carla Vista sells Lyle Cartright a $3$D system, receiving a $$4,800$ zero$-$interest$-$bearing note on January $1,2025.$ The cost of the $3$D printer system is $$3,840.$ Carla Vista imputes a $6\%$ interest rate on this zero$-$interest note transaction. Prepare the journal entry to record the sale on January $1,2025.($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. Round present value factor calculations to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and the final answer to $0$ decimal places e$.$g$.58,971.$ List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Jan. $1,2025$

Jan. $1,2025$

Debit

Credit

$4800$

Sales Revenue

$($To record sales$)$

Cost of Goods Sold

$($To record cost of goods sold$)$

Question $4$ of $7.$

$($a$2)$

$6$ Your answer is incorrect.

Compute the total amount of revenue to be recognized in $2025.($Round final answer to $0$ decimal places e$.$g$.58,971.)$

Total revenue for Carla Vista $

eTextbook and Media

List of Accounts

Attempts: $2$ of $3$ used

$($b$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.

Question $4$ of $7.$

$($a$2)$

$6$ Your answer is incorrect.

Compute the total amount of revenue to be recognized in $2025.($Round final answer to $0$ decimal places e$.$g$.58,971.)$

Total revenue for Carla Vista $

eTextbook and Media

List of Accounts

Attempts: $2$ of $3$ used

$($b$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.