hi, i cant seem to solve this problem 10.2B, its from the book of Fundamental Accounting, please i need help solving it.

thank you:)

I TUPUU JUUMUNUD ILLIU Dese uansactions Top Brad's Building Supplies. Problem 10-3B Estimated product warranty liabilities LO4 CHECK FIGURES: 2. $5,400; 3. $11,340; 4. $2,700 On November 9, 2017, Snowbot Snow Removal began to buy and resell snow blowers for $700 each. Snowbot uses the perpetual system to account for inventories. The snow blowers are covered under a warranty that requires the company to replace any non-working snow blower within 60 days. When a snow blower is returned, the company simply discards it and sends a new one from inventory to the customer. The company's cost for a new snow blower is $540. The manufacturer has advised the company to expect warranty costs to equal 20% of the total units sold. These transactions occurred in 2017 and 2018. 2017 Nov. 16 Sold 60 snowblowers each for $700. 30 Recognized warranty expense for November with an adjusung entry. Dec. 10 Replaced to snowblowers that were retumed under the warranty 20 Sold 140 snowblowers. 30 Replaced 17 snowblowers that were returned under the warranty. 31 Recognized warranty expense for December with an aqusung entry. 2018 6 Sold 50 snowblowers for $35,000 cash. 20 Replaced 26 snowblowers that were returned under the warranty. 31 Rocognized warranty exponse for January with an adjusting entry. Click here for a description of List: Problem 10-3B. Page 717 Required 1. How much warranty expense should be reported for November and December 2017? 2. How much warranty expense should be reported for January 2018? 3. What is the balance of the estimated warranty liability as of December 31, 2017? 4. What is the balance of the estimated warranty liability as of January 31, 2018? 5. Prepare journal entries to record the transactions and adjustments (ignore sales taxes). DOWCI I VU40. le manufac company to expect warranty costs to equal 20% of the total units sold. Thes 2017 and 2018. 2017 Nov. 16 30 Dec. 10 20 Sold 60 snowblowers each for $700. Recognized warranty expense for November with an adjusung entry. Replaced to snowblowers that were returned under the warranty. Sold 140 snowblowers. Replaced 17 snowblowers that were returned under the warranty. Recognized warranty expense for December with an adjusting entry. 30 31 2018 Jan. 6 20 Sold 50 snowblowers for $35,000 cash. Replaced 26 snowblowers that were returned under the warranty. Recognized warranty expense for January with an adjusting entry, 31