We are hired as consultants to assist Arctica Company in accounting for its warranty expenses, Arctica offers a one-year warranty covering parts on each snowmobile it sells. The following Tableau Dashboard is provided to assist us. Estimated Warranty Expense Current Year Sales by Model Current Year Sales by Model 1. How much total estimated warranty expense does Arctica report for the current year? 2. Record the adjusting entry at year-end of the current year to recognize warranty expense. 3. A customer brings in a snowmobile for warranty repairs on January 15 of the following year and the replacement parts cost $700 Record the journal entry for this repoir. Complete this question by entering your answers in the tabs below. How much total estimated warranty expense does Arctica report for the current year? Record the adjusting entry at year-end of the current year to recognize warranty expense. Journal entry worksheet Note: Enter debits before credits. A customer brings in a snowmoblle for warranty repairs on January 15 of the following year and the replacement parts cost $700. Record the fournal entry for this repsilr. Journal entry worksheet Notei Enter Gebits berore credits