DEF, Inc. sells widgets with a warranty under which customers are covered for the cost of repairs of any manufacturing defects that become apparent within the first six months after purchase. Hint: this problem may require FASB Codification research.
Required:
a)	DEF, Inc. estimates that if defects were detected in all products sold, repair costs would range from:
	Low end of range	$2,000,000	Minor repairs
	High end of range	$4,000,000	Major repairs
	Assume no particular outcome within the range of $2 to $4 million is better than another. Prepare the required journal entry.