Banff Electronics completed these selected transactions during June 2021: (Click the icon to view the transactions.) Requirement 1. Report these items on Banff Electronics' balance sheet at June 30, 2021. Balance Sheet (partial) June 30, 2021 Account Current liabilities: Long-term liabilities: Amount Transactions a. Sales of $2,300,000 are subject to an accrued warranty cost of 12%. The accrued warranty payable at the beginning of the year was $31,000, and warranty payments for the year totaled $56,000. b. On June 1, Banff Electronics signed a $20,000 note payable that requires annual payments of $4,000 plus 6% interest on the unpaid balance beginning June 1, 2022. c. Panorama, Inc., a chain of discount stores, ordered $135,000 worth of wireless speakers and related products. With its order, Panorama, Inc., sent a check for $135,000 in advance, and Banff shipped $85,000 of the goods. Banff will ship the remainder of the goods on July 3, 2021. d. Banff's June payroll of $230,000 is subject to employee withheld income tax of $30,800 and FICA tax of 7.65%. On June 30, Banff pays employees their take-home pay and accrues all tax amounts. Print Done