Early in 2020, Sweet Equipment Company sold 600 Rollomatics at $5,700 each. During 2020, Sweet spent $20,000 servicing the 2- year assurance warranties that accompany the Rollomatic. All applicable transactions are on a cash basis. Prepare 2020 entries for Sweet. Assume that Sweet estimates the total cost of servicing the warranties in the second year will be $37,000. (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.) Date Account Titles and Explanation Debit Credit At Sale Cash Sales Revenue During 2020 Warranty Expense Cash Dec. 31, 2020 Warranty Expense Warranty Liability Early in 2020, Sweet Equipment Company sold 600 Rollomatics at $5,700 each. During 2020, Sweet spent $20,000 servicing the 2- year assurance warranties that accompany the Rollomatic. All applicable transactions are on a cash basis. Prepare 2020 entries for Sweet. Assume that Sweet estimates the total cost of servicing the warranties in the second year will be $37,000. (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.) Date Account Titles and Explanation Debit Credit At Sale Cash Sales Revenue During 2020 Warranty Expense Cash Dec. 31, 2020 Warranty Expense Warranty Liability