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Hils Electric (HE) owed Estimated Warranty Payable of $1,100 at the end of 2017. During 2018, HE made sales of $140,000 and expects product warranties

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Hils Electric (HE) owed Estimated Warranty Payable of \$1,100 at the end of 2017. During 2018, HE made sales of $140,000 and expects product warranties to cost the company 6% of the sales. During 2018. HE paid \$2.400 for warranties. What is HE's Estimated Warranty Payable at the end of 2018

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