help please I need to figure our assets, liabilities and equity. I'd grately appreciate it.

my won 20 Port 2 of 2 Use the following information for the Exercises below. (Static) {The following information applies to the questions displayed below.) Hitzu Company sold a copler (that costs $4,800) for $6,000 cash with a two-year parts warranty to a customer on August 16 of Year 1. Hitzu expects warranty costs to be 4% of dollar sales. It records warranty expense with an adjusting entry on December 31. On January 5 of Year 2, the copler requires on-site repairs that are completed the same day. The repairs cost $209 for materials taken from the ports inventory. These are the only repairs required in Year 2 for this copler 10 DO -Book Exercise 9-13 (Static) Financial statement impact of warranty transactions LO P4 Mint Reference Analyze each of the following transactions (a) the copler's sole; (b) the adjustment to recognize the warranty expense on December 31 of Yeart, and (c) the repairs that occur on January 5 of Year 2. Show each transaction's effect on the accounting equation-specifically, Identity the accounts and amounts (including or -) for each (Enter all amounts es positive value) Date Assets Liabilities August 10 August 10 December 31 January 5 19 Part 1 of 2 Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below) Hitzu Company sold a copler (that costs $4,800) for $6,000 cash with a two-year parts warranty to a customer on August 16 of Year 1. Hitzu expects Warranty costs to be 4% of dollar sales. It records warranty expense with an adjusting entry on December 31. On January 5 of Year 2, the copier requires on-site repairs that are completed the same day. The repairs cost $209 for materials taken from the parts inventory. These are the only repairs required in Year 2 for this copler 0.5 points Exercise 9-12 (Static) Warranty expense and liability computations and entries LO P4 1. How much warranty expense does the company report for this copier in Year 17 2. How much is the estimated warranty liability for this copler as of December 31 of Year 1? 3. How much is the estimated warranty Mobility for this copler os of December 31 of Year 2? 4. Prepare Journal entries to record (c) the copler's sele: (by the adjustment to recognize the warranty expense on December 31 of Year t; and (a) the repairs that occur on January 5 of Year 2. Answer is not complete Complete this question by entering your answers in the tabs below. Reg 1 to 3 Reg 4 1. How much warranty expense does the company report for this copier in Year 17 2. How much is the estimated warranty liability for this copler as of December 31 of Year 1? 3. How much is the estimated warranty liability for this copler as of December 31 of Year 2 1. Warranty expense 5 240 2. Estimated warranty liability as of December 31 of Year 1 5240 2. Estimated warranty ability as of December 31 of Year 2 31 He 110 Req> 19 16 of Year i. Hitzu expects warranty costs to be 4% of dollar sales. It records warranty expense with an adjusting entry December 31. On January 5 of Year 2, the copler requires on-site repairs that are completed the same day. The repairs cost $209 for materials taken from the parts inventory. These are the only repairs required in Year 2 for this copler. Part 1 of 2 Exercise 9-12 (Static) Warranty expense and liability computations and entries LO P4 05 points 1. How much warranty expense does the company report for this copler in Year 1? 2. How much is the estimated warranty liability for this copler as of December 31 of Year 1? 3. How much is the estimated warranty liability for this copler as of December 31 of Year 2? 4. Prepare journal entries to record (a) the copler's sale (b) the adjustment to recognize the warranty expense on December 1; and (a the repairs that occur on January 5 of Year 2. Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 to 3 Reg 4 Prepare journal entries to record (a) the copler's sale; (b) the adjustment to recognize the warranty expense on December 31 of Year 1; and (c) the repairs that occur on January 5 of Year 2. No General Journal Date August 16 Credit 1 Debit 6,000 Cash Sales > 6,000 2 August 16 > Cost of goods sold Merchandise inventory 4,800 > 4.800 3 December 31 > Warranty expense Estimated warranty liability 240 > 240