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he following information was extracted from the 10-K reports for the years ended in 2018 for Hewlett-Packard Enterprise and Cisco Systems, Inc HP Enterprise Company
he following information was extracted from the 10-K reports for the years ended in 2018 for Hewlett-Packard Enterprise and Cisco Systems, Inc HP Enterprise Company Cisco Systems, Inc. 2018 2017 2018 2017 Revenue from product sales $19,504 $17,597 $36,709 35705 Warranty expense 265 292 582 691 Accrued warranty liability .. 430 475 359 407 Compute the amount of warranty costs incurred in 2018 for each company. (That is, what amount was spent for warranty repairs and settlements in 2018? Assume no other adjustments are made to the account.
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