Required information The fotowing information apolies to the questions displayed below. Hitzu Compary sold a copier (that costs $5,500 ) for 511,000 cash with a two-year parts wartanty to a customer on August 16 of Year 1. Hitru expects warranty costs to be 35 , of dollar soles, it records wartanty expense with an acfusting entry on December 31 . On January 5 of Year 2, the copier requires on-site repairs that are completed the same day. The repairs cost $120 for materials taken from the parts inventory. These are the only repairs required in Year 2 for this copiet: Analyze cach of the following transactions; (o) the copier's sale, (b) the asjustment to recognize the wairanty expense on Decembet 34 of Year 1 ; and (c) the repairs that occur on January 5 of Year 2 . 5 how each transiaction's effect on the accounting equation-specifically. identify the accounts and amounts fincluding + of for each. Note: Enter all amounts as positive value. It records warranty expense with an adjusting entry on repairs that are completed the same day. The repairs the only repairs recuired in Year 2 for this copler. adjustment to recognize the warranty expense on December 31 ch transaction's effect on the accounting equation-specifically