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i am in test efc At the beginning of 2019, Halo and Wings Corporation began offering a 1-year warranty on its products, The warranty program

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efc At the beginning of 2019, Halo and Wings Corporation began offering a 1-year warranty on its products, The warranty program was expected to cost Halo and Wings 2% of net sales. Net sales made under warranty in 2019 were $180 million. The cost of the products sold was $85 million. Actual warranty costs during 2020 are $5.3 million. Prepare the two warranty journal entries. 9 points. TT T Arial 3 (12pt) VT NE P

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