Tires USA, a tire manufacturer, guarantees its tires against defects for five yours or 60,000 miles, whichever comes first. Suppose Tires USA can expect warranty coste during the five-year period to add up to 7% of sales. Assume that a Tires USA dealer in Denver, Colorado, made sales of $454,000 during 2018. Tires USA received cash for 40% of the sales and took notes receivable for the remainder. Payments to satisfy customer warranty claims totaled $20,500 during 2018 TE Read the requirements. 1. Record the sales, warranty expense, and warranty payments for Tires USA. (Record debits first, then credits. Exclude explanations from any oumal entries.) First, let's record the sale of the tires Journal Entry Accounts Debit Credit Requirements ng 21 16. De compa 1. Record the sales, warranty expense, and warranty payments for Times USA Ignore cost of goods sold 2. Post to the Accrued Warranty Payable T-account. The beginning balance was $12.000. At the end of 2018, how much in ccrued warranty payable does Tires USA owe to customers Choose from any list of enter any number in the