Apr. 30: Sandy Manufacturing is party to a patent infringement lawsuit of $160,000. Sandy Manufacturing's attorney is certain it is remote that Sandy Manufacturing will lose this lawsuit. Date Accounts Debit Credit Apr. 30 No entry required Jun. 30: Estimated warranty expense at 4% of sales of $430,000. Date Accounts Debit Credit Jun. 30 Warranty Expense 17,200 Estimated Warranty Payable 17,200 Jul. 28: Warranty claims paid in the amount of $5,500. Date Accounts Debit Credit Jul. 28