Marin Inc. sells products that carry a two-year warranty. Any defective product is replaced with a new item taken from inventory. Management believes that this is the most cost-effective way to deal with any defects or customer complaints. Estimates of claims are expected to be 3 out of every 100 units sold. The units sell for $39 and cost $29. All sales are on account, and the 13% HST is not included in the selling price. Marin has a calendar year end and uses a perpetual inventory system. Prepare journal entries for the following transactions: 1. Sales on account for 4.900 units +HST 2. Year-end accrual for warranty expense 3. Replacement of 47 units under warranty (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit 1. (To record sales on account plus HST.) (To record cost of goods sold.) 2. 3. What is the ending balance in the Warranty Liability account? Ending balance in the Warranty Liability account of $