Kelly Howard has the following transactions. Prepare the journal entries. Dec. 31 31 The accrued product warranty expense for the year is estimated to be 2.3% of sales. Sales for the year totaled $6,005,000. The accrued vacation pay for the year is estimated to be $75,225. 31 Paid Reliable Insurance Co. $275,000 as fund trustee for the pension plan. The annual pension cost is $350,000. If an amount box does not require an entry, leave it blank. Warranty Vacation Pay Pension