On December 31,2025 , Sunland Company sells production equipment to Page Inc. for $78,000. Sunland includes a 1-year assurance warranty service with the sale of all its equipment. The customer receives and pays for the equipment on December 31.2025 . At December 31, 2025, Sunland estimates that $1,880 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 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 o for the amounts.) Repeat the requirements for (a), assuming that in addition to the assurance warranty, Sunland sold an extended warranty (servicetype warranty) for an additional 2 years (2027-2028) for $1,170. (List all debit entries before credit entries. 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 0 for the amounts.)