OS Hitzu Co. sold a copler costing $6,500 with a two-year parts warranty to a customer on August 16, 2017, for $13,000 cash. Hitzu uses the perpetual inventory system. On November 22, 2018, the copler requires on-site repairs that are completed the same day. The repairs cost $121 for materials taken from the repair parts inventory. These are the only repairs required in 2018 for this copler. Based on experience, Hitzu expects to Incur warranty costs equal to 6% of dollar sales. It records warranty expense with an adjusting entry at the end of each year. 1. How much warranty expense does the company report in 2017 for this copler? Warranty expense $ 780 2. How much is the estimated warranty liability for this copler as of December 31, 2017? Estimated warranty liability 3. How much warranty expense does the company report in 2018 for this copier? Warranty expense Record the sale of a copier for $13,000 cash. Note: Enter debits before credits Date General Journal Debit Credit Aug 16, 2017