Listed below are a few transactions and events of Maxum Company. Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $5,940 of accrued vacation benefits for the year. During December, Maxum Company sold 4,400 units of a product that carries a 60-day warranty. December sales for this product total $140,000. The company expects 9% of the units to need warranty repairs, and it estimates the average repair cost per unit will