On December 31, 2025, Sheridan Company sells production equipment to Golden Inc. for $82,500. Sheridan includes a 1-year assurance warranty service with the sale of all its equipment. The customer recelves and pays for the equipment on December 31 , 2025. At December 31,2025 , Sheridan estimates that $1,700 of warranty costs will be incurred in the second year of the warranty. (a) Prepare the journal entry to record this transaction on December 31, 2025. (List all debit entries before credit entries. Credit account tities are automatically indented when the omount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.)