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local company sells televisions at an average price 1 , 2 0 0 $ with one year warranty for parts and labor which estimate cost

local company sells televisions at an average price 1,200$ with one year warranty for parts and labor which estimate cost 20$parts and 40$ for labor. According to past the company estimated that 8% of sold TVs will expect to benefit from this warranty in the next year of sales. the company offer additional 2-years separate contract for warranty for 120$. In 2022 the company sold 100 TVs, and 20 contract. During 2023,150TVs was sold with 30 warranty contracts. The actual repair expneses for the year 2022 which incurred during 2023 was 520$. during 20245 TVs benefit from the additional contract and 650 was the actual repair expenses for normal warranty.required: prepare all journals entries relating to normal and additional warranty during 2022,2023 and 2024.

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