Marigold Corporation sells home entertainment systems. The corporation also offers to sell its customers a two-year warranty contract as a separate service. During 2023, Marigold sold 19,000 warranty contracts at $96 each. The corporation spent $190,000 servicing warranties during 2023 , and it estimates that an additional $760,000 will be spent in the future to service the warranties. Marigold recognizes warranty revenue based on the proportion of costs incurred out of total estimated costs. (a) Prepare Marigold's journal entry for the sale of warranty contracts. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually, List debit entry before credit entry. If no entry is required, select "No Entry" for the occount titles and enter ofor the amounts.)