An analysis of a companys estimated liability account revealed the following information:

Balance November 1, 2013:	$8,250	Sales of product with 2-year warranty:	$900,000
Balance November 30, 2013:	9,670	Estimated liability recorded in November 2013:	18,000

What is the total amount of warranty work performed during November, 2013?

Group of answer choices

$8,330

$18,000

$1,420

$16,580

$80

Answer the following True/False questions:

_____ Interest expense decreases each payment period on bonds that are issued at a premium.

_____ Bonds can be a risky source of financing because a company having cash flow problems cannot postpone interest payments to bondholders.

_____ If an investor has the right to retire bonds, they are referred to as callable.

Group of answer choices

False, True, False

True, True, False

False, False, True

True, False, True

False, False, False