I was wondering how to get the answer and maybe a brief explanation with columns and rows?

Chapter 10 Homework (Application)eBook Calculator Accrued Product Warranty Harbour Company disclosed estimated product warranty payable for comparative years as follows: in millions) Current Year Prior Year 13,277$12.7 Current estimated product warranty payable Noncurrent estimated product warranty payable Total Assume that Harbour's sales were $156,591 million in current Year and that the total paid on warranty dlaims during the current year was $13,688 million. a. The distinction between short- and long-term liabilities is important to creditors in order to accurately evaluate the near-term cash demands on the business relative to the quick current assets and other longer-term demands . 8,076 7,118 $21,353 $19,848 Feedback Y Check My Work Review the need for a classified balance sheet. Learning Objective 5. b. Provide the journal entry for the Current Year product warranty expense. Enter your answers in millions. Product Warranty Expense 13,277 x Product Warranty Payable 14,782 X Feedback Check My Work PreviouS Next