Required Information The following information applies to the questions displayod below] In this Applying Excel esercise you will practice using basic formulas to caiculate and record Warranty Expense for the year. Watch the tutorial video and then complete Parts 1 and 2 to practice and apply the skils demonstrated in the video. Revise your worksheet based on these new assumptions and then answer the cuestions that follow. Required: 1. What are the revised amount of estimated warranty unis and future warranty ceses? 2. Piepere the joutnal entry to record the warranty expense. of no entry ls required for a transactionievent, select 'No Journal Entry Pequired" in the first accosint fields