Blossom Corporation sells computers under a 2 -year warranty contract that requires the corporation to replace defective parts and to provide the necessary repair labor. During 2020 , the corporation sells for cash 392 computers at a unit price of $2,590. On the basis of past experience, the 2 -year warranty costs are estimated to be $141 for parts and $191 for labor per unit. (For simplicity, assume that all sales occurred on December 31,2020 .) The warranty is not sold separately from the computer. What liability relative to these transactions would appear on the December 31,2020, balance sheet and how would it be classified