Culver Factory provides a 2-year warranty with one of its products which was first sold in 2017. Culver sold $951, 800 of products subject to the warranty. Culver expects $121, 810 of warranty costs over the next 2 years. In that year, Culver spent $67, 160 servicing warranty claims. Prepare Culver's journal entry to record the sales (ignore cost of goods sold) and the December 31 adjusting entry, assuming the expenditures are inventory costs. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)