Betancourt Company sells automatic can openers under a 75-day warranty for defective merchandise. Based on past experience, Betancourt estimates that 3% of the units sold will become defective during the warranty period. Management estimates that the average cost of replacing or repairing a defective unit is $15. The units sold and units defective that occurred during the last 2 months of 2022 are as follows. Prepare the journal entry to record the warranty liability at December 31 for the units sold in November and December. (Credi account titles are automatically indented when amount is entered. Do not indent manually.)