can someone please answer and explain how to do this question,

part one is prepare the entry to record the sale if the customer did not purchase the extended warranty

part two is to prepare the entry to record the warranty expense for the period

Kroger Corporation sells constuction nqupetent to a customet for $50,000 The equipment comes with a standard two year warranty covering any repairs that are required during that ime. It does not cover poutioe maintenance, and the warranty ss vaided if the customer does not perform the required routine maintenance as scheduled during the wartonty period. Kruger estimates that if costs $1,200 on average to provide warranty repairs ovef the wo-year penod for customers who purkhase thit construction equipment. Kruger otters an extended warranty that covens regaus for years a through 10 The pcice of the extended warranty ic $30000 kruger estimates that it costs 52,500 , an average, to provide the addronal repoins lequired undes the extended warranty Requitred: the sale? 2 Assuering the customet choosies to purchase the extended warranty. what journal entryoes) should Kruget make at the ame of the solep Complete this question by entenag your anvwen in the tats betur. Journal entry worksheet: Prepiars the entry to record the cale if the cuntomer porthased the extended warrarty. Kruger Corporation sells construction equipment to a customer for $50,000. The equipment comes with a standard two-year warranty coverng any repairs that are requited duing that time. It does not cover routine maintenance, and the warranty is voided if the customer does not perform the required rautine maintenance as scheduled duting the warranty penod. Kruger estimates that it costs $1,200 on average to provide warranty repairs over the two-year penod for customers who purchase this construction equipment Kruger offers an extended warranty that covers repairs for years 3 through 10 . The price of the extended warranty is $3,000. Kruger estimates that it costs $2.500, on average, to provide the addivonal repairs required under the extended warranty. Required: 1. Assuming the customer chooses not to purchase the extended warranty, what journal entryles) should Kruger make at the time of the sale? 2. Assuming the customer chooses to purchase the extended warranty, what journal entrylles) should Kruger make ot the tume of the sale? Complete this question by entering your answers in the tabs below. Assuming the customer chooses not to purchase the extended warranty, what journal entry(ies) should Kruger make at the time of the sale? (If no entry is required for o particular transaction, select "No journal entry required" in the first account field.) Journal entry worksheet 2 Prepare the entry to record the sale if the customer did not purchase the extended warranty. Nece: Enter debes belore crebiu