Headland Factory provides a $2-$year warranty with one of its products which was first sold in $2025.$ Headland sold $$1,017,500$ of products subject to the warranty. Headland expects $$114,200$ of warranty costs over the next $2$ years. In that year, Headland spent $$68,050$ servicing warranty claims. Prepare Headland's journal entry to record the sales $($ignore cost of goods sold$)$ and the December $31$ adjusting entry, assuming the expenditures are inventory costs. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

$\backslash$table$[[$Date Account Titles and Explanation$],[$During $2025],[($To record payment for warranty costs incurred$)],[($To record sales$)],[12/31/25$ Warranty Liability$]]$Headland Factory provides a $2-$year warranty with one of its products which was first sold in $2025.$ Headland sold $$1,017,500$ of products subject to the warranty. Headland expects $$114,200$ of warranty costs over the next $2$ years. In that year, Headland spent $$68,050$ servicing warranty claims. Prepare Headland's journal entry to record the sales $($ignore cost of goods sold$)$ and the December $31$ adjusting entry, assuming the expenditures are inventory costs. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

$\backslash$table$[[$Date Account Titles and Explanation$],[$During $2025],[($To record payment for warranty costs incurred$)],[($To record sales$)],[12/31/25$ Warranty Liability$]]$