1a. Strikers, Inc. sells soccer goals to customers over the Internet. History has shown that 4% of Strikers' goals will need repair under the warranty program. For the year, Strikers has sold 5,000 goals and 50 have been repaired.If the estimated cost to repair a goal is $190, what would be the Warranty Liability at the end of the year?

1b. Reeves Co. filed suit against Higgins, Inc., seeking damages for copyright violations. Higgins' legal counsel believes it is probable that Higgins will settle the lawsuit for an estimated amount in the range of $150,000 to $250,000, with all amounts in the range considered equally likely. How should Higgins report this litigation?

1c. Union Apparel has sales including sales taxes for the month of $550,300. If the sales tax rate is 6%, what are Union Apparel's sales for the month? (Do not round intermediate calculations.)