Question - A company sells leaf blowers for $225 each. Each unit has a three-year warranty that covers replacement of defective parts. It is estimated that 4% of all leaf blowers sold will be returned under the warranty at an average cost of $30 each. During October, the company sold 400,000 leaf blowers; 600 leaf blowers were serviced under the warranty during October at a total cost of 19,200. The balance in the estimated warranty liability account on October 1 was $9,500. Prepare the journal entries to record the warranty liability expense for October, and the warranty repairs that occurred in October. Plus determine what the ending balance for the estimated warranty allowance?