Ending Inventory value using FIFO method 600 units $24 $14400 cost of goods sold = Begining inventory+ Inventory pirchases-Ending Inventory 4500+15900.14400-$6000 Path d Blue corporation started its business in 2019. It sold household appliances for $196,800 in 2019. The company has provided a 2 year limited warranty for all sales. The company's estimate is that warranty costs for the first year will be 2% and will be 3.5% in the second year. Green Corporation spent $3.120 on warranty repairs during 2019 a. Prepare all journal entries related to the warranty for 2019. (4 marks) b. How will the warranty liability be reported on the balance sheet on Dec 31, 20197 (2 marks)