I posted this question and did not get an answer. I want a detailed answer, with the need to show how each point is calculated

Question 3 (4 marks) Electronics Company provides a one-year warranty for all products sold. The company estimates that 3% of units sold will become defective during the warranty period. The estimated warranty cost is $70 per defective unit. The company sold 5,000 units @ \$400 in 2020. - In 2020, The Company paid warranty costs of $4,000. a. What is the amount of warranty expense recognized during 2020 ? b. Determine the warranty liability account balance on Dec. 31,2020 . c. Journalize the required entries in 2020 to record the following 1- The warranty costs paid in 2020. 2- The estimated warranty expense