30 of The following information is available for a retail store for the month of February 1. Wahlberg Computers sells computers for $2,500 each on account. On February 1, Wahlberg sold 20 computers. 2. It is estimated that the warranty expense is 5% of gross sales. A journal entry is prepared February 1. 3. During February, Wahlberg repaired two computers at a cost of $400 that were purchased under warranty during a prior month 4. A customer fell in the store and is seeking $100,000 in damages. Wahlberg's attorney believes the case is frivolous because the customer has similar lawsuits pending against other retail stores. 5. A customer is suing Wahlberg Computers for $100,000 because the customer's computer purchased from Wahlberg Computers started a fire and destroyed the customer's residence. Wahlberg's attorney believes the customer will probably win the case and receive $100,000. Required: Prepare the journal entries to record the transactions above. Omit explanations