Accrued Product Warranty Ford Motor Company (F) disclosed the following estimated Product warranty payable for two recent years. December 31, Year 2 Year 1 in millions) Product warranty payable $4,786 $3,927 Ford's sales in its automotive sector were $135,782 million in Year 2 and $139,369 million in Year 1. Assume that the total paid on warranty claims during Year 2 was $2,850 million. a. Illustrate the effects on the accounts and financial statements for the Year 2 product warranty expense. If no account or activity is affected, select"No effect" from the dropdown list and leave the corresponding numbei entry box blank. Enter account decreases and cash outflows as negative amounts Enter amounts in millions. Balance Sheet Statement of Cash Income Assets Liabilities + Stockholders' Equity Flows Statement Statement of Cash Flows Income Statement b. All of the following are reasons why Ford's total warranty liability might decrease except