| Prepare 2020 entries for Shamrock assuming that the warranties are not an integral part of the sale (a service-type warranty). Assume that of the sales total, $55,000 relates to sales of warranty contracts.Warranty costs incurred in 2020 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 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round intermediate calculations to 5 decimal places, e.g. 1.54657 answers to 0 decimal places, e.g. 5,125. Record journal entries in the order presented in the problem.) Date | Account Titles and Explanation | Debit | Credit | At SaleDuring 2020Dec. 31, 2020 | | | | | | | | | | | | At SaleDuring 2020Dec. 31, 2020 | | | | | | | | At SaleDuring 2020Dec. 31, 2020 | | | | | | | | | (To record warranty revenue) | | | | |