Pina Factory provides a 2 year warranty with one of its products which was first sold in 2020. Pina sold $1,073,800 of products subject to the warranty. Pina expects $133,420 of warranty costs over the next 2 years. In that year, Pina spent $76,060 servicing warranty claims. Prepare Pina's journal entry to record the sales (ignore cost of goods sold) and the December 31 adjusting entry assuring the expenditures are inventory costs. (if no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit 2020 (To record sales) During 2020 (To record warranty claims) 12/31/20