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 $6,440 of accrued vacation benefits for the year 2. During December. Maxum Company sold 4,400 units of a product that carries a 60 day warranty, December sales for this product total \$132,000. The company expects 10% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $17 Prepare adjusting entries at December 31 for Maxum Company's year-end financial 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 $6,440 of accrued vacation benefits for the year. Record the related adjusting entry. Notet Enter debits before credts