Fosters Manufacturing Co, warrants its products for one vear. The estimated product warranty is 3% of sales. Assume that sales were $339,000 for January, On Febriary 7,3 customer received warranty repairs requiring $225 of parts and $105 of labor. a. Journalize the adjusting entry required at January 31, the end of the first month of the current fiscal year, to record the accrued product warranty