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

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 Year 1,the company sold 450 golf carts.
A) Record the entry at the end of $Y$ ear 1 to record the warranty expenses.

B) Assume the company incured costs of $\$ 280$ in inventory and $\$ 680$ in cash paid for wages in connection with warranty work performed during the first quarter of Year 2. Record the proper entry to recoprize these costs.