The Chair Company provides a 120-day parts-and-labor warranty on all merchandise it sells. The Chair Company estimates the Warranty expense for the current period to be $1,390. During this period, a customer returned a product that cost $1,043 to repair Required: a. Show the effects of these transactions on the financial statements using a horizontal statements model. Use "+" for increase, for decrease, and NA for not affected. In the Cash Flow column indicate whether the item is an operating activity (OA), investing activity (A), or financing activity (FA). b.& c. Prepare the journal entries to record the warranty expense for the period and payment for the actual repair costs. Complete this question by entering your answers in the tabs below. Reg A Req Band C Prepare the journal entries to record the warranty expense for the period and payment for the actual repair costs. (If no entry is required for a transaction/event, select "No journal entry required in the first account fold.) View transaction list Journal entry worksheet Record the warranty expense for the period Note: Enter debits before credits Event General Journal Debit Credit Reg A Req B and C Prepare the journal entries to record the warranty expense for the period and payment for the actual repair costs. (If no entry is requir for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record the payment for the actual repairs cost. Note: Enter debits before credits Event General Journal Debit Credit 0