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Spring 2021 Question One 170 points) Simple sales company sold 6000 washing machines on March 10, 2016. for 55.000 a plece Together with a lawar

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Spring 2021 Question One 170 points) Simple sales company sold 6000 washing machines on March 10, 2016. for 55.000 a plece Together with a lawar warranty Maintenance on each washing machine during the warranty period is estimated to be $420. Actual warranty costs (inventory) incurred in 2016 were $ 25,000. Required: Prepare entries to voord the following: a) Sale of the washing machines (20marks) b) Related warranty costs. (20markt) c) The accrual on December 31, 2016. (38marks)

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