Nash Factory provides a 2-year warranty with one of its products which was first sold in 2025. Nash sold $1,080,000 of products subject to the warranty. Nash expects $113,460 of warranty costs over the next 2 years. In that year, Nash spent $71,710 servicing warranty claims. Prepare Nash's journal entry to record the sales (ignore cost of goods sold) and the December 31 adjusting entry, assuming the expenditures are inventory costs. (If no entry is required, select "No Entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) Date During 2025 12/31/25 Account Titles and Explanation (To record payment for warranty costs incurred) (To record sales) Debit Credit SU