Listed below are a few transactions and events of Maxum Co ciny. 1. Employees earn vacation pay at a rate of one day per month, Maxum estimated and must expense $9,800 of accrued vacation benefits for the year. 2. During December, Maxum Company sold 4,300 units of a product that carries a 60 -day warranty. December sales for this product total $122,000. The company expects 6% of the units to ncod warranty repairs, and it estimates the average repair cost per unit will be $19. Prepare adjusting entries at December 31 for Maxum Comp i is 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 $9,800 of accrued vacation benefits for the year. Record the related adjusting entry. Note: Enter debits before credits