Blue Spruce Harvest Company sells a product that includes a one-year warranty on parts and labor. During the year, 8,200 units are sold. Blue Spruce Harvest expects that 3% of the units will be defective and that the average warranty cost will be $50 per unit. Actual warranty costs incurred during the year were $11,480. Prepare the journal entries to record (a) the estimated warranty costs and (b) the actual costs incurred. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)