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During 2 0 1 3 , Home Center sold 8 0 electronic devices for $ 3 5 each. The devices carry a 2 - year

During 2013, Home Center sold 80 electronic devices for $35 each. The devices carry a 2-year warranty for repairs. Estimates indicate that repair costs will average 2% of sales. How much warranty expense should be accrued as a result of the 2013 sales of this product?

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