Nov. 1: Made sales of $49,000. McCoy estimates that warranty expense is 3% of sales. (Record only the warranty expense.) Date Nov. 1 Accounts Debit Credit Nov. 20: Paid $500 to satisfy warranty claims. Date Accounts Debit Credit Nov. 20 Dec. 31: Estimated vacation benefits expense to be $1,000. Date Dec. 31 Accounts Debit Credit Date Accounts Debit Credit Nov. 201 Dec. 31: Estimated vacation benefits expense to be $1,000. Date Dec. 31 Accounts Debit Credit Dec. 31: McCoy expected to pay its employees a 4% bonus on net income after deducting the bonus. Net income for the year is $60,000. (Round to the nearest whole dollar) Date Accounts Debit Credit Dec. 31