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Question 13 (2 points) Saved On January 1, 2018 Logan Company began a warranty...

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Question 13 (2 points) Saved On January 1, 2018 Logan Company began a warranty program to stimulate sales. It is estimated that 5 % of the units sold in a year will be returned for repair at an estimated cost of $25 repair parts per unit. Sales and warranty figures for the two years ended December 31 are as follows: 2018 2019 Sales (units) 1,200 1,320 Units returned for repair 60 70 Actual repair costs $1,275 $1,600 Answer the following in the boxes provided: First box: How much will Logan record as Warranty expense for 2019 Second box: What will be the debit to Warranty Liability in 2018 Please use whole numbers only - no dollar signs, commas or periods Blank #1 1600 Blank # 2 1600

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