Oriole Equipment Company sells computers for $1,320 each and also gives each customer a 2-year warranty that requires the company to perform periodic services and to replace defective parts. In 2025, the company sold 940 computers on account. Based on experience, the company has estimated the total 2-year warranty costs as $40 for parts and $60 for labor per unit. (Assume sales all occur at December 31, 2025.) In 2026, Oriole incurred actual warranty costs relative to 2025 computer sales of $10,000 for parts and $15,000 for labor. (a) Record the entries to reflect the above transactions (accrual method) for 2025 and 2026. (Credit account titles 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 O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation (To record sale of computers) Debit Credit (To record sale of computers) (To record liability against warranty costs) What balance will be reported as a current liability in the 2025 balance sheet with regard to these transactions? Current Liabilities- $