4. Graham guarantees its vacuums for three years. Prior experience indicates that warranty costs will be approximately 7% of sales. Assume that Graham made sales totaling $190,000 during 2018. Record the warranty expense for the year. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Warranty Expense 13,300 Estimated Warranty Payable 13,300 To accrue warranty payable. Cash paid for warranties. No entry required. To accrue warranty payable. Choose from any list or enter any number in the input fields and then continue to the next