On September 1, Home Store sells a mower (that costs $240) for $540 cash with a one-year warranty that covers parts. Warranty expense is estimated at 6% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $38 in materials taken from the Repair Parts Inventory. Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.)

Record the mower sales. Sep 01

Record the cost of mower sales. Sep 01

Record the estimated warranty expense. Sep 01

Record the cost of warranty repairs. Jan 24