On January 1, 2020, Ivanhoe Ltd. sold on account 1.400 units of its product for a total price of $541,000 and a cost of $485,000. The products have a one-year assurance-type warranty and Ivanhoe estimates that the cost will be $22.,200. By the company's year-end December 31, 2020. actual warranty costs related to the products sold was $18.100. paid in cash. Prepare all appropriate journal entries including the sale of merchandise (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 for the amounts.) Jate Account Titles and Explanation Debit Credit January 1/20 Accounts Receivable Warranty Expense Sales Revenue 541000 Warranty Liability (To record the sale) 1/20 Cost of Goods Sold Inventory (To record the cost of goods sold) er 31/20 Unearned Revenue Warranty Expense Sales Revenue Warranty Expense Sales Revenue 541000 Warranty Llability (To record the sale) 1/20 Cost of Goods Sold Inventory (To record the cost of goods sold) Rectangular Snip er 31/20 Unearned Revenue Warranty Expense Sales Revenue (To record warranty costs)