9 Exercise 9-12 Accounting for estimated liabilities LO P4 Listed below are a few transactions and events of Maxum Company ts earn vacation pay at a rate of one day per month. During December 36 employees qualify for one vacation day each er, Maxum Company sold 3.000 units of a product that carries a 60-day warranty. December sales for this product Their average daily wage is $200 per employee. 2. During D expece 9% of the units to need warranty repair s, and it estimates the average repair cost per unit will total $124,000. The company be $17 Prepare above separate transactions and events Prink 17, for Maxum Company's year-end financial statements for each of the Journal entry worksheet December, 36 employees qualify for one vacation day each. Their average