Homework due in 1 hour please help me :(

QUESTION 2 (16 marks) Garden Electric sells small power tools with a 1-year warranty - if the power tool is defective or does not perform as intended within 1 year of sale, the product is repaired at no charge to the customer. Management estimates that about 4% of the tools will be returned for repair. Each repair is expected to cost $25 in labour charges. 2020 2,100 $175 Sales (# tools sold) Selling price (per unit) Units returned Actual repair costs (per unit) 77 $24 SHOW YOUR WORK FOR FULL MARKS AND ROUND ANSWERS TO NEAREST DOLLAR IF NECESSARY Required (a) Record the sale of power tools AND the estimate for the warranty liability for the year ended December 31, 2020. (5 marks) (b) Record the actual repair costs incurred in 2020. (3 marks) (c) Determine the balance in the warranty liability as at Dec 31, 2020, clearly indicating whether the balance is a debit or a credit. (3 marks) e) On September 1, 2020, Garden Electric had purchased inventory costing $132,000. But because of a cash shortage, they issued a one-year Note Payable with an interest rate of 7%. Record the issuance of the Note, and the accrual of interest as of Dec 31, 2020