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 $3,380 of accrued vacation benefits for the year.
2. During December, Maxum Company sold 3,900 units of a product that carries a 60-day warranty. December sales for this product total $130,000. The company expects 5% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $18.

Prepare adjusting entries at December 31 for Maxum Companys year-end financial statements for each of the above separate transactions.