19. (L.o. 3) Chapter 13: Current Liabitities and Contingencies 13-17 L.O. 3) Str January 2, truck to be $800 (Forward will pay for repairs for years, whichever comes first). Strassberg Co, also purchases a $1,000 service- pe warranty for an additional 50,000 miles or two years. Forward incurs warranty assberg Co. purchases a truck from Forward Auto for $65,000 on 2017. Forward estimated the assurance-type warranty costs on the the first 50,000 miles or two costs related to the assurance-type warranty of $300 in 2017 and $500 in 2018. Forward records revenue on the service-type warranty on a straight-line basis. What is the amount of warranty liability and unearned warranty revenue tha should be shown on the balance sheet of Forward at December 31, 2017? Unearnec Warranty Liability $500 $400 $500 $400 Warranty Revenue A. B. C. $ 500 $1,000 $1,000 $500