On January 1,2023, Cullumber Ltd, sold on account 1,500 units of its product for a total price of $543,000 with w warranty guarantee that the products were free of any defects. The products have a one-year assurance-type warranty and Cullumber estimates that the cost will be $23,800. The cost of the units is $453,000. In addition, the company sold extended warranties related to 300 units for a one-year period beyond the one-year assurance period at a cost of \$16,700. By the company s year -end. December 31,2023 , no warranty costs were incurred. By the company's year-end, December 31, 2024, $8,945 of warranty costs were incurred and paid in cash. Prepare the approptiate journat entries for 2023 and 2024 . ICredit account tities 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 ofor the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)