Foss Company is engaged in the retail sale of high-definition televisions (HDTVs). Each HDTV has a 24-month warranty on parts. If a repair under warranty is required, a charge for the labor is made. Management has found that 20% of the HDTVs sold require some work before the warranty expires. Furthermore, the average cost of replacement parts has been $60 per repair. At the beginning of January, the account for the estimated liability for product warranties had a credit balance of $14,300. During January, 112 HDTVs were returned under the warranty. The cost of the parts used in repairing the HDTV was $8,765 and $9,442 was collected as service revenue for the labor involved. During January, before the Super Bowl, Foss Company sold 450 new HDTVs. Required: a. Prepare entries in journal form (description and dates not required) to record the warranty work completed during the month, including related revenue. You must show how you arrived at the amounts in the journal entry to receive full points. a. Prepare entries in journal form (description and dates not required) to record the estimated liability for product warranties for HDTVs sold during the month. You must show how you arrived at the amounts in the journal entry to receive full points