ungus Audio Works Inc. warrants its products for one year. The estimated product

ungus Audio Works Inc. warrants its products for one year. The estimated product warranty is 3% of sales. Assume that sales were $680000 for January. In February a customer received warranty repairs requiring $4200 of parts.a. Determine the warranty liability at January 31 the end of the first month of the current year.b. What accounts are decreased for the warranty work provided in February?According to a summary of the payroll of Apline Publishing Co. $460000 was subject to the 7.5% FICA tax. Also $39000 was subject to state and federal unemployment taxes.a. Calculate the employers payroll taxes using the following rates: state unemployment 4.3%; federal unemployment 0.8%.b. Illustrate the effects on the accounts and financial statements of recording the accrual of payroll taxes.