Tamarisk Factory provides a $2-$year warranty with one of its products which was first sold in $2025.$ Tamarisk sold $$1,080,000$ of products subject to the warranty. Tamarisk expects $$113,460$ of warranty costs over the next $2$ years. In that year, Tamarisk spent $$71,710$ servicing warranty claims. Prepare Tamarisk's journal entry to record the sales $($ignore cost of goods sold$)$ and the December $31$ adjusting entry, assuming the expenditures are inventory costs. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.$)$