Current Attempt in Progress Sheridan manufactures high-end whole home electronic systems. The company provides a one-year warranty for all products sold. The company estimates that the warranty cost is $260 per unit sold and reported a liability for estimated warranty costs $10.5 million at the beginning of this year. If during the current year, the company sold 59700 units for a total of $327 million and paid warranty claims of $12080000 on current and prior year sales, what amount of liability would the company report on its balance sheet at the end of the current year? O $1275333. O $13942000. O $3442000. O $15522000