CEC Corporation is a computer equipment and electronics store. On $1$ March $20$X$2,$ the store sold a computer to a customer for $$1,800.$ The manufacturer offers a one$-$year warranty, and CEC offers an extended warranty for another two years. The extended warranty will provide the customer with full service of the computer over a two$-$year period. If the computer fails, CEC will replace the computer. The cost of the extended warranty is $$168.$

Required:

Prepare the journal entries in $20$X$2,20$X$3$ and $20$X$4$ relating to this warranty. Assume the company has a $31$ December year$-$end and applies IFRS. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$