Treater Conector guarantees its snowmobiles for three years. Company experience indicates that wementy costs will be apprimately 6% of Assume that the Trakter dealer in Colorado Springs made sales totaling $300,000 during 2018. The company received cash for 40% of the sales and notes receivable for the remainder. Warranty payments totaled $15,000 during 2016 Requirements % 2. Recond the sales, warranty expense, and waranty payments for the company ignore cost of goods sold Post to the Estimated Waranty Payable T-account. At the end of 2015, how much in Estimated Wamanty Payable does the company owe? Assume the Estimated Warranty Payable is 30 on January 1, 2016 Requirement 1, Record the sales, waranty expense, and wamenty payments for the company. Ignore cost of goods sold. (Record debits first, then credits Seed the explanation on the last of the journal entry at Begin with the entry to record the sales. (Prepare a single compound entry for the transaction) Dele 2018 Accounts and Explanation Debit Credi