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On January 2, 2021, Mac Company sells equipment to Fren, Inc. for 585,000 Moc includes a 1 year assurance warranty with the Giant In addition,

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On January 2, 2021, Mac Company sells equipment to Fren, Inc. for 585,000 Moc includes a 1 year assurance warranty with the Giant In addition, Moc si Fren a 2 year extended warranty service-type warranty for $9.200. Fren receives and pay for the equipment and the extended warranty on January 2, 2021 Mac estimates the price of the equipment to be $49,000. Muc incurred 57.100 of assurance warranty costs in 2021 Prepare Mac's 2021 journal entries related to the sale and the warranties include the dates for the journal entries. BTW A EYE 0.00 LOS

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