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Nccued Product Warranty Logan Manufacturing Co. warrants its products for one year, The estimated product whrranty 64% of sales. Assume that sales were $319,000 for

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Nccued Product Warranty Logan Manufacturing Co. warrants its products for one year, The estimated product whrranty 64% of sales. Assume that sales were $319,000 for Jonuary. th Februory. a customer recerved warranty repairs recuaring $160 of parts and $80 of lobor a. Journalize the adjusting entry required at January 31, the end of the first month of the curment fiscal wear, to record the accuued prodoct wartinty. If an amount boin does not require an entry, leave it blank

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