1. YYC Inc. sold 2,000 smart TVs for $650 each during 2017. YYC Inc. provides a one year warranty on smart TVs. If YYC estimates that warranty costs would be $70 per each smart TV, YYC would record a journal entry that includes a debit to:

2. a. Cash, for $140,

3. b. Warranty expense, for $140, 

4. c. Sales returns, for $140, 

5. d. Estimated warranty liability, for $140,

6. 
   

7.