20.00 points Hitzu Co. sold a copier costing $5,500 with a two-year a customer on November 22, 2017, the copier requires on-site repairs that are completed the same day. The repairs cost $104 for materials taken from the are the only repairs required in 2017 for this copier. Based on experience, Hitzu expects to incur an adjusting entry at the end of each year. r parts warranty to a customer on August 16, 2016, for $11,000 cash. Hitzu uses the perpetual inventory system. On Repair Parts Inventory. These warranty costs equal to 3% of dolar sales. It records warranty expense with 1. How much warranty expense does the company report in 2016 for this copier? 2. How much is the estimated warranty liability for this copier as of December 31,20167 3. How much warranty expense does the company report in 2017 for this copier? 4. How much is the estimated warranty liability for this copier as of December 31, 20177