Lindy appliance begins operations in 2021 and offers a one-year warranty on all products sold. total appliance sales in 2021 are $1,600,000, and lindy estimates future warranty costs in 2022 to be 2% of current sales. actual warranty costs in 2022 are $25,000. also in 2022, lindy has additional sales of $2,400,000 and revises its estimate of warranty costs associated with sales in 2022 to be 1.5%. record the necessary entries in the journal entry worksheet.

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions