Hitzu Co. sold a copier (that costs $6,500) for $13,000 cash with a two-year parts warranty to a customer on August 16 of Year 1 Hitzu expects warranty costs to be 3% 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 $120 for materials taken from the repair parts inventory. These are the only repairs required in Year 2 for this copier 1. How much warranty expense does the company report for this copier in Year ? Warranty expense 2. How much is the estimated warranty ability for this copier as of December 31 of Year Estimated warranty 3. How much is the estimated warranty abdity for this copier as of December of Year 27 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 the repairs that occur on January 5 of Year 2 View transaction list Journal entry worksheet Record the sale of a copler for $13,000 cash. Not Enter debits before credits General Journal Debit Date Aug 16 Credit Record entry Cinarety View general Journal