20 1 pts During Year 3, the Seahawks Inc. sold 150 dune buggies for $4,000 each. The dune buggies carry a five-year warranty for defects. Estimates are that repair costs will average 4% of the total selling price. The warranty liability at the beginning of the year was $14,000, and $20,000 in claims was actually incurred during Year 3 to honour warranties. Refer to Seahawks Inc. What is the balance in the warranty liability at the end of the Year 2? O $24,000 $18,000 $38,000 $14,000 D Question 30 1 pts A company declared and paid $1 million in dividends to its common shareholders. What effect did this have on the company? The debt-to-equity ratio decreased. The debt-to-equity ratio increased. Earnings per share decreased. Earnings per share increased