Early in 2025, Novak Equipment sold 500 Rollomatics at $6,500 each. During 2025, Novak spent $21,000 servicing the 2-year assurance warranties with inventory, cash, and payables that accompany the Rollomatic. All sales transactions are on a cash basis. (a) Prepare 2025 entries for Novak. Assume that Novak estimates the total cost of servicing the warranties in the second year will be $39,000. (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. List all debit entries before credit entries.) Date Account Titles and Explanation (To record sales) (To record payment for warranty costs incurred) (To record estimated warranty expense and warranty liability for expected warranty claims) Debit Credit