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During 2017, a new product was introduced with carrying a two-year warranty against defects. The total estimated warranty costs related to dollar sales are 7%

During 2017, a new product was introduced with carrying a two-year warranty against defects. The total estimated warranty costs related to dollar sales are 7% (2% within 12 months following the sale and 5% in the second 12 months following the sale). Sales and actual warranty expenditures for the years ended December 31, 2017 and 2018 are as follows:

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