Detail answers, please.

Additional Problem 11 On January 1, 2017, Sunland Ltd. sold on account 1,200 units of its product for a total price of $543,000 and a cost of $451,000. The products have a one-year assurance-type warranty and Sunland estimates that the cost will be $23,800. By the company's year-end December 31, 2017, actual warranty costs related to the products sold was $18,600, paid in cash. Prepare all appropriate journal entries including the sale of merchandise. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.,) Date Account Titles and Explanation Debit Credit anuary 1/17 Accounts Receivable 4300 54300 Sales Revenue warranty Expense To record the sale) January 1/17 To record the cost of goods sold) December 31/17 Cash (To record warranty costs)