Listed below are a few transactions and events of Maxum Company. 1. Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $3,240 of accrued vacation benefits for the year. 2. During December, Maxum Company sold 4,700 units of a product that carrles a 60 -day warranty. December sales for this product total $121,000. The company expects 5% of the units to need warranty repalrs, and it estimates the average repair cost per unit will be $14 Prepare adjusting entrles at December 31 for Maxum Company's year-end financlal statements for each of the above separate transactions. Journal entry worksheet Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $3,240 of accrued vacation benefits for the year. Record the related adjusting entry. Note: Enter debits before credits