Jupiter Corp. provides at no extra charge a two-year warranty with one of its products, which was first sold in 2017. In that year, Jupiter sold products for $2.5 million and spent $68,000 servicing warranty claims. At year end, Jupiter estimates that an additional $420,000 will be spent in the future to service warranty claims related to the 2017 sales. Prepare Jupiter's journal entry(ies) to record the sale of the products, the $68,000 expenditure, and the December 31 adjusting entry under the assurance-type warranty approach.