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

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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

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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

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