Kyrgyz Co. sold $200,000 of equipment during February under a one-year warranty. The cost to repair defects

Question:

Kyrgyz Co. sold $200,000 of equipment during February under a one-year warranty. The cost to repair defects under the warranty is estimated at 6% of the sales price. On July 24, a customer required a $60 part replacement, plus $32 of labor under the warranty.

Provide the journal entry for

(a) The estimated warranty expense on February 28 for February sales,

(b) The July 24 warranty work.