Assume that McKinley Golf Equipment completed these selected transactions during March 2020 : (Click the icon to view the transactions.) Requirement Transactions a. Sales of $3,250,000 are subject to estimated warranty cost of 3.8%. The estimated warranty payable at the beginning of the year was $38,000, and warranty payments for the year totalled $51,000. b. On March 1, 2020, McKinley signed a $159,000 note that requires annual payments of $31,800 plus 4% interest on the unpaid balance each March 1. c. Golf Center, a chain of golf stores, ordered $120,000 of golf equipment. With its order, Golf Center sent a cheque for $120,000, and McKinley shipped $99,000 of the goods. McKinley will ship the remainder of the goods on April 3, 2021. d. The March payroll of $100,000 is subject to employee-withheld income tax withholdings of $25,400, Canada Pension Plan contributions of 5.1%, and Employment Insurance premiums of 1.62%, along with the company)'s share of Canada Pension Plan contributions and Employment Insurance premiums. On March 31, Premium pays employees their take-home pay and accrues all tax amounts owing for the March payroll