Required accurate answer.

Estimated product warranty liabilities (27 marks) On November 9, 2020, Snowboat Snow Removal began to buy and sell snow blowers for $1,250 each. Snowboat uses the perpetual system to account for inventories. The snow blowers are covered under a warranty that requires the company to replace any non-working snow blower within 60 days. When a snow blower is returned, the company simply discards it and sends a new one from inventory to the customer. The company's cost for a new snow blower is $825. The manufacturer has advised the company to expect warranty costs to equal 25% of the total units sold. These transactions occurred in 2020 and 2021. Nov. Dec. 2020 16 Sold 100 snowblowers each for $1,250. 30 Recognized warranty expense for November with adjusting entry. 10 Replaced six snowblowers that were returned under the warranty. 20 Sold 225 snowblowers. 30 Replaced 30 snowblowers that were returned under the warranty. 31 Recognized warranty expense for December with adjusting entry. 2021 6 Sold 175 snowblowers for cash. 20 Replaced 50 snowblowers that were returned under the warranty. 31 Recognized warranty expense for January with adjusting entry. Jan. Required 1. How much warranty expense should be reported for November and December 2020? 2. How much warrant expense should be reported for January 2021? 3. What is the balance of the estimated warranty liability as of December 31, 2020? 4. What is the balance of the estimated warranty liability as of January 31, 2021? 5. Prepare journal entries to record the transactions and adjustments in January (ignore sales tax). Sales taxes payable (19 marks) Appleton Electronics Company purchases merchandise inventory from several suppliers. On October 1, 2020, Appleton Electronics purchased from Digital Wiring $25,000 of inventory on account. On November 10, 2020, Appleton Electronics sold inventory to Disco Sound Company for $48,000 cash, which included $34,000 COGS for the inventory. On December 15, 2020 Appleton Electronics remitted the applicable PST and GST. Required Journalize Appleton Electronics Company transactions on October 1, 2020, November 10, 2020 and December 15, 2020, including PST and GST assuming it is located in Saskatchewan. (PST 6%, GST 5%)