On September 1, Home Store sells a mower (that costs $180) for $480 cash with a one-year warranty that covers parts. Warranty expense is estimated at 10% of sales and is recorded at the time of the sale. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $34 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.

Note: Round your answers to 2 decimal places.

Record the mower sales.

Record the cost of mower sales.

Record the estimated warranty expense.

Record the cost of warranty repairs.