General Motors of Canada Limited guarantees automobiles against defects for five years or 160,000 km, whichever comes first Suppose GM Canada can expect warranty costs during the five-year period to add up to 8% of sales, Assume that Trekster Motors in Hamilton, Ontaro, made sales of $2,400,000 on its compact line during 2020 Trekster received cash for 5% of the sales and took notes receivable for the remainder Payments to satisfy customer warranty claims totalled $45,000 during 2020 1. Record the sales, warranty expense and warranty payments for Trekster Ignore any reimbursement that Trekster may receive from GM Canada 2. Post to the Estimated Warranty Payable Taccount the beginning balance was $36,000. At the end of 2020, how much in estimated warranty payable does Trekster owe its customers