Early in 2020, Shamrock Equipment Company sold 500 Rollomatics at $6,100 each. During 2020, Shamrock spent $22,000 servicing the 2-year assurance warranties that accompany the Rollomatic. All applicable transactions are on a cash basis. Your answer is partially correct. Prepare 2020 entries for Shamrock. Assume that Shamrock estimates the total cost of servicing the warranties in the second year will be $30,000. (If no entry is required, select "No Entry" for the account titles and enter Ofor 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.) Credit Date [At Sale Account Titles and Explanation | Cash Debit 3,050,000 Sales Revenue 3,050,000 During 2020 Warranty Expense 22000 Cash, Supplies, Wages Payable 22000 Dec. 31, 2020 Warranty Expense Warranty Liability