Revise your worksheet based on these new assumptions and then answer the questions that follow. Number of units sold Estimated units needing warranty Estimated warranty cost per unit Portion of units fixed in current year Alternative: Portion of units fixed in current year 42,000 68 270 08 25% Required: 1. What are the revised amount of estimated warranty units and future warranty costs? Units Future Warranty Costs 2. Prepare the journal entry to record the warranty expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet 2. Prepare the journal entry to record the warranty expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Dobit Credit 1 a Warranty Expense Warranty Liability 2 b. Warranty Expense Warranty Liability