Please answer the red portion

Your answer is partially correct. Try agairn Prepare 2017 entries for Larkspur assuming that the warranties are not an integral part of the sale (a service-type warranty). Assume that of the sales total, $61,000 relates to sales of warranty contracts. Larkspur estimates the total cost of servicing the warranties will be $60,000 for 2 years. Estimate revenues to be recognized on a straight-line basi (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit accour titles are automatically indented when amount is entered. Do not indent manually. Round intermediate calculations to 5 decimal places, e.g. 1.54657 answers to O decimal places, e.g. 5,125.) Date Account Titles and Explanation Debit Credit At Sale Cash 3250000 Sales Revenue 3189000 Unearned Warranty Revenue 61,000 During 2017 Warranty Expense 18000 Cash, Supplies, Wages Payable 18000 Dec. 31, 2017 Unearned Warranty Revenue 30500 Warranty Revenue 30500 (To record warranty revenue) Click if you would like to Show Work for this question: Open Show Work