Bramble Company must make computations and adjusting entries for the following independent situations at December 31, 2021. 1. Its line of amplifiers carries a 3-year warranty against defects. On the basis of past experience the estimated warranty costs related to dollar sales are first year after sale-2% of sales revenue; second year after sale-3% of sales revenue; and third year after sale-5% of sales revenue. Sales and actual warranty expenditures for the first 3 years of business were: Sales Revenue Warranty Expenditures 2019 $ 873,300 $ 6,480 2020 1,005,600 18,280 2021 1,319,200 66,120 Compute the amount that Bramble should report as a liability in its December 31, 2021, balance sheet. Assume that all sales are made evenly throughout each year with warranty expenses also evenly spaced relative to the rates above. Liability should be reported on December 31, 2021 $