Gilbert Limited, a new company, made sales of 17 000 units at a cost of $37 per unit. The company offers a one-year warranty that replaces any defective units with a new one The company estimated warranty replacements at 4 percent of units sold. Gilbert's actual warranty replacements were 565 units. Record warranty expense and warranty payments on December 31. How much is Gilbert's estimated warranty payable at the end of the period? COL Record the joumal entry for the warranty expense for the year. (Record debits first, then credits. Explanations are not required. Round amounts to the nearest whole dollar.) General Journal Date Accounts Debit Credit Dec 31 hr Now record the journal entry for the warranty payments made during the year General Journal Date Accounts Debit Credit Dec How much is Gilbert's estimated warranty payable at the end of the period? (Round your answer to the nearest whole doll Gilbert has a balance of at the end of the period