Journalize the following transactions for Riley Corporation: December 31 The accrued product warranty for the year is estimated to be 2.5% net sales. Sales for the year totaled $9,000,000, and sales returns and allowances were $150,000. December 31 The accrued vacation pay for the year is estimates to be $75,000. December 31 Paid First Insurance Co. $55,000 as fund trustee for the pension plan. The annual pension cost is $87,000. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0