Question 23 Oriole Factory provides a 2-year warranty with one of its products which was first sold in 2017. Oriole sold $986,900 of products subject to the warranty. Oriole expects $117,650 of warranty costs over the next 2 years. In that year, Oriole spent $65,190 servicing warranty claims. Prepare Oriole's journal entry to record the sales (ignore cost of goods sold) and the December 31 adjusting entry, assuming the expenditures are inventory costs. (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.) Date Account Titles and Explanation Debit 2017 To record sales) During 2017 To record warranty claims) 12/31/17