Good Time Carts Offers a One-Year Warranty on All Its

Good Time Carts offers a one-year warranty on all its golf carts. Estimates suggest that two percent of carts sold will require warranty service and that the average warranty claim will cost $215. During 2019, the company sold 450 golf carts.
A)Record the entry at the end of 2019 to record the warranty expenses.
B)Assume the company incurred costs of $280 in inventory and $680 in cash paid for wages in connection with warranty work performed during the first quarter of 2020. Record the proper entry to recognize these costs.