Early in 2025, Cheyenne Equipment sold 600 Rollomatics at $5,700 each. During 2025, Cheyenne spent $20,000 servicing the 2-year assurance warranties with inventory, cash, and payables that accompany the Rollomatic All sales transactions are on a cash basis (a) (b) Prepare 2025 entries for Cheyenne assuming that the warranties are not an integral part of the sale (a service type warranty) Assume that of the sales total $58,000 relates to sales of warranty contracts Warranty costs incurred in 2025 were $20,000 Estimate revenues to be recognized on a straight-line basis. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually Record joumal entries In the order presented in the problem. List all debit entries before credit entries) Date During 2025 v Account Titles and Explanation Debit Credi At Sale (To record the sale and related warranties Dec 31, 2025 v (To record payment for warranty costs incurred (To record revenue recognized on the service-type warranty