Happy Trails USA, a tire manufacturer, guarantees its tires against defects for five years or 60,000 miles, whichever comes first. Suppose Happy Trails USA can expect warranty costs during the five-year period to add up to 4% of sales. Assume that a Happy Trails USA dealer in Denver, Colorado, made sales of $625,000 during 2021. Happy Trails USA received cash for 35% of the sales and took notes receivable for the remainder. Payments to satisfy customer warranty claims totaled $19,500 during 2021. Read the requirements. 1. Record the sales, warranty expense, and warranty payments for Happy Trails USA. (Record debits first, then credits. Exclude explanations from any journal entries.) First,"let's record the sale of the tires