Problem 3) LO 8.4 When Beerbe is not using its facilities to brew and ferment beer, it offers other craft breweries to rent its facilities. Mitter Lite contracts with Beerbe to rent Beerbe's facilities. Assume Beerbe and Mitter have a December 31 fiscal year-end. o Problem 3.a) The following transactions take place between Beerbo and Mitter: April 1, 2022: Mitter pays Beerbe $10,000 cash (plus sales tax) to rent Beerbe's facilities during the month of April. Sales tax collected is 10% of sales revenue. April 28, 2022: Mitter completes its use of Beerbe's facilities; Beerbo has effectively earned the revenue from renting its facilities to Mitter. April 29, 2022: Beerbo remits sales tax to the state taxing authorities. April 30, 2022: Beerbo accrues salary expense of $4,000; taxes withheld are as follows: o 12% for employee income tax 8% for FICA tax May 1, 2022: Beerbe pays employees for salaries accrued on April 30, 2022. May 2, 2022: Beerbo remits employee income tax and FICA tax to the federal taxing authorities. May 8, 2022: Mitter purchases 100 kegs of beverage from Beerbe for cash; each keg sold has a 30-day warranty; details of the transaction are as follows: $30 price per keg $12 cost per keg 10% sales tax May 9, 2022: Beerbe accrues for estimated warranty costs associated with its sale of 100 kegs to Mitter: kegs returned from customers are replaced details of the accrual are as follows: o 5% estimated returns o $12 cost per keg replaced o Policy and procedure for returns under warranty: Beerbe accepts and examines the spoiled contents in the kegs returned: Beerbo empties, cleans, and sanitizes the kegs of spoiled beverage: Beerbo refills / replenishes the kegs with fresh beverage from Beerbe's existing inventory stockpile (at the standard cost per keg). Beerbo remits the replenished kegs of fresh beverage to the customer. May 12, 2022: Mitter returns two kegs of beverage under warranty. O O O Assume Beerbe has the follow accounts in its ledger: Cash Cost of Goods Sold Employee Income Tax Payable Estimated Warranty Liability FICA Tax Payable Inventory Rent Revenue Salary Expense Salary Payable Sales Revenue Sales Tax Payable Unearned Rent Revenue Warranty Expense 1 1 Problem 3.a.i) Indicate the journal entry that Beerbe would record for each transaction above