ABC company disclosed estimated product warranty payable for co for comparative years X1 and X2 as follows: (in millions) 12/31/X1 12/31/X2 Total estimated product warranty payable $21,933 $20,433 ABC's sales were $160,123 million in X1 and increased to $176,896 million in X2. Assume that the total paid on warranty claims during X2 was $14,000 million. (Hint: this $14,000 million covered warranty honored from sales of year X1 and sales of year X2) Requirements: 1. Determine the warranty expense from sales of year X2 2. Provide the journal entry for the X2 product warranty expense