Barnstormers guarantees its snownobiles for threo years. Company experience indicates that wamanty costs wil be approximatoly 3% of sales Assunte that the Barnstormers dealer in Colorado Springs made sales totaling 5800,000 during 2024 . The company recelved cash for 40% of the sales and notes receivable for the remainder Warranty payments totaled 523,000 during 2024 Read the requirements Requirement 1. Record the sales, wararty expense, and warranty payments for the company lgnore cost of goods sold (Record debits firs, then credis. Select the explanation on the las line of the joumal entry table.) Begin with the entry to record the sales (Prepare a single compound entry for this transaction ) Record the wamanty expense. Record the warranty poyments for the company Requirement 2. Assume the Estimated Warranty Payable is 50 on January 1, 2024. Post the 2024 transactions to the Estimated Warranty Payable T-account At the end of 2024 , how much In Estimated Warranty Payable does the company owe? Use the T-account to dotermine the ending balance for the Estimated Warranty Payable accouet Uso a "Beg Bal. posting raference to show the beginning balance of the account and an "End Bat: posting reference to show tho ending bolance of the account (Enter a ' 0 ' for any zoro amounts)