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Feller, Inc. sells a certain machine for $35,000. Included in this price is an implied service-type warranty of $960. Fifty machines were sold in 2020.

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Feller, Inc. sells a certain machine for $35,000. Included in this price is an implied service-type warranty of $960. Fifty machines were sold in 2020. Warranty claims incurred during 2020 amounted to $23,000. Required: Prepare all 2020 journal entries required by the information above

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