Computer Wholesalers restores and resells notebook computers. It originally acquires the notebook computers from corporations upgrading their computer systems, and it backs each notebook it sells with a 90-day warranty against defects. Based on previous experience, Computer Wholesalers expects warranty costs to be approximately 4% of sales. Sales for the month of December are $580,000. Actual warranty expenditures in January of the following year were $22,000. Required: 1. Record warranty expense and warranty liability for the month of December based on 4% of sales. 2. Record the payment of the actual warranty expenditures of $22,000 in January of the following year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 es Record the payment of the actual warranty expenditures of $22,000 in January of the following year. Note: If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. View transaction list Journal entry worksheet 1 Record the actual warranty expenditures. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal >