ABC Company sells tennis rackets to customers over the Internet. History has shown that $3\%$ of ABC's tennis rackets will need repair under the warranty program. For the year, ABC has sold $4,900$ rackets and $48$ have been repaired. If the estimated cost to repair a racket is $$130,$ what would be the warranty liability at the end of the year? $$12,870$ SOO $$19,110$ $$12,920$