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A company makes computer monitors that sell for $ 2 0 0 . Year 2 0 2 0 sales are 5 , 0 0 0

A company makes computer monitors that sell for $200. Year 2020 sales are 5,000 units. It estimates that 1% of the units will need to be replaced within the warranty period. The journal entry to record the warranty liability would include which of the following:

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