A Wrinkle in Time Inc. warrants its products for one year. The estimated product warranty is 5.5% of sales. Assume that sales were $782,500 for March. In April, a customer received warranty repairs requiring $36,582 of parts. a. Determine the warranty liability at March 31, the end of the first month of the current fiscal year. Round your answer to the nearest dollar. b. What accounts are decreased for the warranty work provided in April