( Pre Question 4 View Policies Current Attempt in Progress Early in 2017,Grouper Equipment Company sold 600 Rollomatics during 2017 at $5.700 each. During 2017. Grouper spent $20.000 servicing the 2-year assurance warranties that accompany the Rollomatic. All applicable transactions are on acash basis. Prepare 2017 entries for Grouper. Assume that Grouper estimates the total cost of servicing the warranties will be $57.000 for 2 years. fno entry is reguired select "No Entry for the account tden and enter Ofor the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually Date Account Titles and Explanation Debit Credit Prepare 2017 entries for Grouper assuming that the warranties are not an integeal part of the sale (a service type warrantyl. Assume that of the sales tetal $58.000relates to sales ofwarranty contracts Grouper estimates the total cost of servicing the warranties will be $57000 for 2 years. Estimate reverues to be recognized on a straight-line basisfno entry is reund, select "No Enty for the acont tiles and enter O nts Cedit occount titles are autometicaly indented when amount is entered. Do net indent manually Round intermediate cakulations to 5 decimal pla, 134657ann tode places 125) Date Account Ttles and Explanation Debit Credit