Oriole Corporation sells DVD players. The corporation also offers its customers a 4-year warranty contract. During 2020, Oriole sold 20,000 warranty contracts at $72 each. The corporation spent $197,000 servicing warranties during 2020, and it estimates that an additional $985,000 will be spent in the future to service the warranties. Prepare Oriole's journal entry for the sale of contracts. Assume the service costs are inventory costs. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Unearned Warranty Revenue 360000 Warranty Revenue 360000 e Textbook and Media List of Accounts Prepare Oriole's journal entry for the cost of servicing the warranties. Assume the service costs are inventory costs. (If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Prepare Oriole's journal entry for the recognition of warranty revenue. Assume the service costs are inventory costs. (Round intermediate calculations to 5 decimal places, e.g. 1.55467 and final answers to 0 decimal places, e.g. 5,125. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit