Prepare 2020 entries for Sweet assuming that the warranties are not an integral part of the sale (a service-type warranty). Assume that of the sales total, $58,000 relates to sales of warranty contracts.Warranty costs incurred in 2020 were $20,000. Estimate revenues to be recognized on a straight-line basis. (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. Round intermediate calculations to 5 decimal places, e.g. 1.54657 answers to O decimal places, e.g. 5,125. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit > (To record warranty revenue) Early in 2020, Sweet Equipment Company sold 600 Rollomatics at $5,700 each. During 2020, Sweet spent $20,000 servicing the 2- year assurance warranties that accompany the Rollomatic. All applicable transactions are on a cash basis