Apr. 30 Bigelow is party to a patent infringement lawsuit of $160,000. Bigelow's attorney is certain it is remote that Bigelow will lose this lawsuit. Jun. 30 Estimated warranty expense at 2% of sales of $370,000. Jul. 28 Warranty claims paid in the amount of $6,500. Sep. 30 Bigelow is party to a lawsuit for copyright violation of $140,000. Bigelow's attorney advises that it is probable Bigelow will lose this lawsuit. The attorney estimates the loss at $140,000. Dec. 31 Bigelow estimated warranty expense on sales for the second half of the year of $520,000 at 2%. Requirements 1. Journalize required transactions, if any, in Bigelow's general journal. Explanations are not required. 2. What is the balance in Estimated Warranty Payable assuming a beginning balance of $0 ? Requirement 1. Journalize required transactions, if any, in Bigelow's general joumal. Explanations are not required. (Record debit explanations from joumal entries. For transactions that do not require an entry, make sure to select "No entry required" in the first and leave all other cells blank.) Apr. 30: Bigelow is party to a patent infringement lawsuit of $160,000. Bigelow's attorney is certain it is remote that Bigelow will los Jun. 30: Estimated warranty expense at 2% of sales of $370,000. Jun. 30: Estimated warranty expense at 2% of sales of $370,000. Jul. 28: Warranty claims paid in the amount of $6,500. Sep. 30: Bigelow is party to a lawsuit for copyright violation of $140,000. Bigelow's attorney advises that it is probable Bigelow will lose this lawsuit. The attorney estimates the loss at $140,000. Dec. 31: Bigelow estimated warranty expense on sales for the second half of the year of $520,000 at 2%. Requirement 2. What is the balance in Estimated Warranty Payable assuming a beginning balance of 50 ? Use the T-account to determine the ending balance for the Estimated Warranty Payable account. Use a "Bal." posting reference to show the ending balance of the acoount