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The liscal yeat coincides wat the calendar year, On Janiary 15 . 2021 , the curtorter fehined the copiet for repas that were that was

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The liscal yeat coincides wat the calendar year, On Janiary 15 . 2021 , the curtorter fehined the copiet for repas that were that was fally paid with cash. These were the only iepsira fequiced in 202 t for thin copine. Peeculect 1. How trinch warranty en pense should the corypary tepoct in 7020 tar this cocoer? 3. How much wartanty expense should the company report in 2021 for this cogier? 4. How much is the warranty liabiity for this copier as of December 31,2021 ? 5. Prepare the joumal entries that would be made to record (a) the sale (assume a perpetual inventory syntem): (b) the adjustment on December 31,2020 , to record the warranty expense. and (c) the repairs that occurred in January 2021 . gnore saies taxes

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