Problem #4 2015 at $8,000 each. During assurance warranties that on a cash basis. Tina Turner Tractor Company sold 450 tractors during 2015, Turner spent $35,000 servicing the 3-year accompany each tractor. All applicable transactions are Instructions: (a) Prepare 2015 entries for Turner. Assume that Turner estimates the total cost of servicing the warranties will be $140,000 for 3 years. (b) Prepare 2015 entries for Turner assuming that the warranties are not an integral part of the sale (a service-type warranty). Assume that of the sales total, $200,000 relates to sales of warranty contracts. Turner estimates the total cost of servicing the warranties will be $140,000 for 3 years. Estimate revenues to be recognized on a straight-line basis