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A company sells computers that come with a 3-year warranty. The company estimates that warranty expense is, on average, 3% of sales. During the current

A company sells computers that come with a 3-year warranty. The company estimates that warranty expense is, on average, 3% of sales. During the current year, total sales were $1,758,327, and the company paid $4,937 to repair various computers that are under warranty. The warranty liability at the beginning of the year was $21,783. What is the balance in the warranty liability account at the end of the year (round to the nearest whole dollar)?

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