Cullumber Ltd$.$ operates on a calendar$-$year basis. At the beginning of December $2024,$ the company had the following current liabilities on its books:Accounts Payable: $91,800$$Rent Payable: $10,800$$Warranty Provision: $12,960$$Deferred Revenue: $15,120$$$1.$Cullumber purchased a new computer system on account at a cost of $$30,240,$ payable on January $15,2025.$ In addition, $$4,320$ was paid in cash to have the new system installed and customized to the company's requirements$\mathrm{.}2.$The company purchased inventory for $$100,440$ on account and made payments of $$92,880$ to its suppliers$\mathrm{.}3.$The rent that was payable at the beginning of December represented the payment that should have been made in November.In December, Cullumber paid the past rent owed, as well as the rent for December and January$\mathrm{.}4.$By December $31,$ the company had earned $$5,400$ of the service revenue that was received in advance from customers.Cullumber's employees are paid a total of $$2,160$ per day. Three workdays elapsed between the last payday and the end of the fiscal year. $($Ignore deductions for income tax, CPP$,$ and El$.)$The company's products are sold with a two$-$year warranty against defects. Cullumber estimates its warranty expense for the year $($not previously recorded$)$ as $$17,280.$ During December, it paid $$10,800$ in warranty claims.Prepare the journal entries to record the December transactions and adjustments. $($Ignore the amounts that the company pays for its share of CPP and El$.)($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$