Bramble Corporation sells televisions at an average price of $830. The televisions come with a standard one-year warranty. Ignore any cost of goods sold. Bramble also offers each customer a separate three-year extended warranty contract for $93 that requires the company to perform periodic services and replace defective parts. The extended warranty begins one year after the purchase date. During 2023, Bramble sold 320 televisions and 290 extended warranty contracts for cash. Company records indicate that warranty costs in the first year after purchase average $26 per set: $18 for parts and $8 for labour. Bramble estimates the average three-year extended warranty costs as $20 for parts and $100 for labour. Assume that all sales occurred on December 31,2023 , and that all warranty costs are expected to be incurred evenly over the warranty period. Bramble uses the assurance-type approach for the oneyear warranty and the service-type approach for the extended warranty contracts