2. Yorkton Supply Company has a February 28, 2021 year-end. The company sells calculators and provides a lifetime warranty on their product. Past experience suggests that 1% of calculators sold will be returned for replacement. The estimated replacement cost of a calculator is $12.10. During the year, the total sales for the company was $375,748 or 11,182 calculators sold at $33.60 per unit. On April 8, 2021, 35 calculators were returned and replaced under warranty at a total cost of $503.97. The returned items were unusable and thus discarded. Provide the general journal entry to record the estimated warranty expense at year-end, and the journal entry to record the returned/replaced items. Show all calculations. (6 marks)