QS 9.13 (Algo) Recording warranty repairs LO P4 On December 1. Home Store sells a mower that costs $270 ) for $570 cash with a.one-year warranty that covers parts. Warranty expense is estimated at 108 of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $40 in materials taken from the Parts Inventory. Prepare the December 1 entry to record the mower sale (and cost of sale), the December 31 adjusting entry for estimated warranty liability, and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) Journal entry worksheet 234