4. Panther Co. had a warranty liability of $400,000 at the beginning of 2006, and $450,000 at end o at end of 2006. Each year Panther records warranty expense based on an estimate of the value of future warranty claims that will be incurred as a result o work to be approximately 1% of currentyear ales. During 2006 Panther incurred $250,000 of actual cost to service customer warranty claims. What were-actual warranty expenditures for 2006? f current year product sales. For 2006, Panther estimated future warranty was the octvol warrenty ExpInse reporteo! on thi Is A. $0, B. $200,000 C. $300,000 D. $250,000 E. None of the above