Adirondack USA, a tire manufacturer, guarantees its tires against defects for five years or 60,000 miles, whichever comes first. Suppose Adirondack USA can expect warranty costs during the five-year period to add up to 6% of sales. Assume that a Adirondack USA dealer in Denver, Colorado, made sales of $670,000 during 2021. Adirondack USA received cash for 40% of the sales and took notes receivable for the remainder. Payments to satisfy customer warranty claims totaled $20,900 during 2021. Read the requirements 1. Record the sales, warranty expense, and warranty payments for Adirondack USA. (Record debits first, then credits. Exclude explanations from any journal entries.) First, let's record the sale of the tires. Journal Entry Accounts Debit Credit 268,000 Cash Notes Receivable) Sales Revenue 670,000 Requirements 1. Record the sales, warranty expense, and warranty payments for Adirondack USA. Ignore cost of goods sold 2. Post to the Accrued Warranty Payable T-account. The beginning balance was $11,000. At the end of 2021, how much in accrued warranty payable does Adirondack USA owe to its customers?