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Exmark Industries sells $ 8 5 3 , 0 0 0 in lawn mowers that have a two - year warranty. Warranty expense is estimated

Exmark Industries sells $853,000 in lawn mowers that have a two-year warranty. Warranty expense is estimated at 3% of sales. On March 28 of the following year, some lawn mowers require repairs that are completed the same day. The repairs cost $14,300 for parts taken from parts inventory. The entry to record the repairs that occur on March is:

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