1)Suppose the company in the previous question offers a two-year extended warranty, which it sells, separate from the computer. In 2020, extended warranty sales totaled $ 20,000. During 2020 the company incurred $ 2,500 in costs related to the extended warranties. In the Statement of Situation of December 31, 2020, the company will recognize: a.Warranties payable for $ 17,500 b. $ 20,000 unearned warranty revenue c. Warranties payable for $ 2,500 d. Unearned warranty revenue of $ 17,500

2)A company offers two-year warranties at no additional cost on the computers it sells. In 2020, the company had computer sales of $ 200,000 and estimated that the cost of warranties for those computers would be $ 8,000. During 2020, the company incurred $ 1,800 in costs to honor the guarantees of the computers sold in 2020. In the Statement of Situation of December 31, 2020, the company will recognize guarantee debt in the amount of: a. $ 0. The remaining $ 6,200 corresponds to 2021. b. $ 6,200, since the debt is recognized in 2020, the year the computers were sold c. $ 8,000, which was the estimated amount 

3)With respect to the marginal benefit from vacations, suppose that in 2020 employees earned $ 50,000 in vacations and used half of that benefit. The other half will be used in 2021. Vacation spending for 2020 will be: A. $ 50,000 b. $ 25,000 c. $ 25,000 plus the amount they use in 2021 before the 2020 financial statements are released d. $ 0. The vacation benefit does not represent an expense for the employer.