Current Attempt in Progress Early in 2020, Metlock Equipment Company sold 600 Rollomatics at $5,600 each. During 2020, Metlock spent $20,000 servicing the 2-year assurance warranties that accompany the Rollomatic. All sales transactions are on a cash basis. (a) Your answer is correct. Prepare 2020 entries for Metlock. Assume that Metlock estimates the total cost of servicing the warranties in the second year will be $38,000. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit At Sale Cash 3360000 Sales Revenue During 2020 V Warranty Expense 20000 Cash Supplies. Wapes Payable Dec 31, 2020 Warranty Expanse 38000 Werraney Liability Question 2 of 5