Windy introduces a new compact music player that carries a two-year warranty against manufacturer's defects. Based on industry experience with similar product introductions, warranty costs are expected to be approximately T% of sales. By the end of the first year of selling the product, total sales are $30.2 milion, and actual warranty expenditures are $220,000 Record the adjusting entry for the remaining expected future warranty costs as of December 31, the end of the reporting period (If no entry is required for a particular transaction event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not millions. For example, $5.5 million should be entered as 5.500.000) Journal entry worksheet Record the adjusting entry for the remaining expected future warranty costs as of December 31, the end of the reporting period hansaction General Joyal Owbt Credt , 8 2 N W S a # 93 X Clear entry 44 55 > & WWILS 6 7 7 E R T Y H command .8 D < L 19 9 0 1 O D F G H J K L C > - < B N M a A HH T command op