For the payroll period ended on June 25, 2019. gross pay was $14,250, net pay was $10,000, FICA tax withholdings were $1.500, income tax withholdings were $2,200, and medical insurance contributions were $550 Required: Use the horizontal model to show the effects of the payroll accrual on June 25, 2019. Indicate the financial statement effect (Enter decreases with a minus sign to indicate a negative financial statement effect.) Balance Sheet Llabilities A5505 Stockholders' Equity Net Income For the payroll period ended on June 25, 2019, gross pay was $14,250, net pay was $10,000, FICA tax withholdings were $1,500, income tax withholdings were $2,200, and medical insurance contributions were $550. Required: Use the horizontal model to show the effects of the payroll accrual on June 25, 2019. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) 2019. Indicate the financial statement effect. (Enter ) Income Statement Revenues Stockholders' Equity Not income Expenses + The balance of the Estimated Warranty Liability account was $13,100 on January 1, 2019, and $18,400 on December 31, 2019. Based on an analysis of warranty claims during the past several years, this year's warranty provision was established at 15% of sales, and sales during the year were $1.420,000. Required: o. What amount of warranty expense will appear on the income statement for the year ended December 31, 2019? b. What were the actual costs of servicing products under warranty during the year? a. Warranty expense Actual warranty costs