Cloudy introduces a new compact music player to compete with Apple's iPod that carries a two year warranty against manufacturer's defects Based on industry experience with similar product introductions, warranty costs are expected to be approximately 3 of sales By the end of the first year of selling the product, total sales are $301 million , and actual warranty expenditures are $210,000 What amount (if any) should Cloudy report as a liability at the end of the year Note Enter your answers in dollars, not in millions (i e $5 5 million should be entered as $5,500,000 ) Cloudy introduces a new compact music player to compete with Apple's iPod that carries a two year warranty against manufacturer's defects Based on industry experience with similar product introductions, warranty costs are expected fo be approximately 3 of sales By the end of the first year of seling the product, total sales are $30 1 milion, and actual warianty expenditures are $210,000 What amount (f any) shouid Cloudy report as a liability at the end of the year Note Enter your onswers in dollors, not in millions (i e $5 5 million should be entered 05,$5,500,000 )

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Cloudy introduces a new compact music player to compete with Apple's iPod that carries a two year warranty against manufacturer's defects  Based on industry experience with similar product introductions, warranty costs are expected to be approximately 3   of sales By the end of the first year of selling the product, total sales are $301 million , and actual warranty expenditures are $210,000 What amount (if any) should Cloudy report as a liability at the end of the year  Note  Enter your answers in dollars, not in millions (i e  $5 5 million should be entered as $5,500,000 ) Cloudy introduces a new compact music player to compete with Apple's iPod that carries a two year warranty against manufacturer's defects  Based on industry experience with similar product introductions, warranty costs are expected fo be approximately 3  of sales  By the end of the first year of seling the product, total sales are $30 1 milion, and actual warianty expenditures are $210,000 What amount (f any) shouid Cloudy report as a liability at the end of the year  Note  Enter your onswers in dollors, not in millions (i e  $5 5 million should be entered 05,$5,500,000 )

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Cloudy introduces a new compact music player to compete with Apple's iPod that carries a two-year warranty against manufacturer's defects. Based on industry experience with

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