Problem 11-9B Technologies produces and sells customized network systems in New Brunswick. Sundial The company 60-day, all software and labour and an extra 90-day, parts warranty on all of its products. The company had the following transactions in 2013: Jan. 31 Sales for the month totalled $350,000 (not including HST), of which 95 percent were on credit. The company collects 13-percent HST on all sales and estimates its warranty costs at 2 percent of sales. 31 Based on last year's property tax assessment, estimated that the property taxes for the year would be $114,000 (6 percent of last year's $1,900,000 assessed Recorded the estimated property taxes for the month; credit Property Taxes Payable. Feb. 4 Completed repair work for a customer.The software ($3,000) and labour ($3,250) were all covered under the warranty. 7 Remitted the appropriate HST for the month of January (the company had paid $15,610 HST on purchases in January)