In 2021, Blossom Company introduces a new product that includes a two-year warranty on parts. During 2021.3.900 units are sold for $390 each. The cost of each unit was $155. The company estimates that 5% of the units will be defective and that the average warranty cost will be $55 per unit. The company has a December 31 fiscal year end and prepares adjusting entries on an annual basis. Prepare an adjusting entry at December 31, 2021, to accrue the estimated warranty cost. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Credit Date Debit Dec 31 To accrue estimated warranty expense)