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Tableau DA 9-2 (Static): Exercise, Warranty expense and liability computations and entries LO P4 We are hired as consultants to assist Arctica Company in accounting for its warranty expenses. Arctica offers a one-year warranty covering parts on each snowmobile it seils. The following Tableau Dashboard is provided to assist us. Estimated Warranty Expense vs. Actual Warranty Claims Current Year Sales by Model 1. How much total estimated warranty expense does Arctica report for the current year? 2. Record the adjusting entry at year-end of the current year to recognize warranty expense. 3. A customer brings in a snowmobile for warranty repairs on January 15 of the following year and the replacement parts cost $700. Record the journal entry for this repair. Answer is not complete. Complete this question by entering your answers in the tabs below. How much total estimated warranty expense does Arctica report for the current year? Complete this question by entering your answers in the tabs below. Record the adjusting entry at year-end of the current year to recognize warranty expense. Answer is not complete. Complete this question by entering your answers in the tabs below. A customer brings in a snowmobile for warranty repairs on January 15 of the following year and the replacement parts cost. $700. Record the journal entry for this repair