Mackenzie Corp. is preparing the December 31, 2020, year-end financial statements. Following are selected unadjusted account balances:

Estimated warranty liability $ 6,540 120-day note payable, 4% $ 88,000

Income tax expense 127,600 Unearned revenues 304,000

Mortgage payable, 5% 462,000 Warranty expense 7,200

Additional information:

$11,600 of income tax was accrued monthly from January through to November inclusive and paid on the 15th day of the following month. The actual amount of tax expense for the year is determined to be $134,040.

A customer is suing the company. Legal advisers believe it is probable that the company will have to pay damages, the amount of which will approximate $148,000 given similar cases in the industry.

During December, Mackenzie had sales of $718,000. 5% of sales typically require warranty work equal to 20% of the sales amount.

Mortgage payments are made on the first day of each month.

$112,300 of the Unearned Revenues remain unearned at December 31, 2020.

The 120-day note payable was dated November 15, 2020.

Record the accrual of income tax payable.

Record the accrual of provisional loss against lawsuit.

Record the accrual of warranty liability

Record the accrual of interest in mortgage.

Record the recognized earned portion of unearned fees.

Record the accrual interest of notes payable.