Please provide some recommendation on the following issues with appropriate accounting treatments as per the Australian Accounting Standard.

$1)$ As at the beginning of the current financial year $2024,$ High Ltd has two provision accounts:

$($a$)$ Provision for lawsuit claims $$14$m$,$ and

$($b$)$ Provision for warranty $$29$m$.$

During the year ended $30$ June $2024,$ the lawsuit claims were settled at $$16$m and warranty costs of $$32$m were paid. We would like to increase the warranty provision to $$39$m at year end in tandem with the increase in products sold during the year.

Please provide journal entries $($if any$)$ that we should make for $30$ June $2024$ to prepare our annual report. Please show all workings $($settlement of the lawsuit claims and increase of warranty provision$).$