Assume Five Mile Electronics completed these selected transactions during September 2010.
a. Sales of $2,150,000 are subject to estimated warranty cost of 5%. The estimated warranty payable at the beginning of the year was $33,000, and warranty payments for the year totaled $57,000.
b. On September 1, Five Mile Electronics signed a $40,000 note payable that requires annual payments of $10,000 plus 4% interest on the unpaid balance each September 2.
c. Music For You, Inc., a chain of music stores, ordered $110,000 worth of CD players. With its order, Music for You, Inc., sent a check for $110,000, and Five Mile Electronics shipped $90,000 of the goods. Five Mile Electronics will ship the remainder of the goods on October 3, 2010.
d. The September payroll of $240,000 is subject to employee withheld income tax of $30,000 and FICA tax of 7.65%. On September 30, Five Mile Electronics pays employees their take-home pay and accrues all tax amounts.

Requirement
1. Report these items on Five Mile Electronics balance sheet at September 30, 2010.