In 2024, Sandhill Dynamics Corporation began selling a new line of products that carries a two-year warranty against defects. Based upon past experience with other products, the estimated warranty costs related to dollar sales are as follows: First year of warranty 2% Second year of warranty 7% Sales and actual warranty expenditures for 2024 and 2025 are presented below: 2024 Sales $694000 Actual Warranty Expenditures $28700 2025 $832000 $49900 What is the total estimated warranty liability at the end of 2025? Crane Inc. borrowed $391000 on April 1. The note requires interest at 12% and principal to be paid in one year. How much interest is recognized for the period from April 1 to December 31? Carla Vista manufactures high-end whole-home electronic systems. The company provides a one-year warranty for all products sold. The company estimates that the warranty cost averages $350 per unit sold and reported a liability for estimated warranty costs of $10.8 million at the beginning of the current year. If during the current year, the company sold 59700 units for a total of $328 million and paid warranty claims of $12100000 on current and prior year sales, what amount of liability would the company report on its balance sheet at the end of the current year? On January 3, 2026, Bramble Corp. owned a machine that had cost $399000. The accumulated depreciation was $235000, the estimated salvage value was $23500, and the fair value was $636000. On January 4, 2026, this machine was irreparably damaged by Cullumber Corp. and became worthless. In October 2026, a court awarded damages of $478000 against Cullumber in favor of Bramble. At December 31, 2026, the final outcome of this case was awaiting appeal and was, therefore, uncertain. However, in the opinion of Bramble's attorney, Cullumber's appeal will be denied. At December 31, 2026, what amount should Bramble accrue for this gain contingency? Oriole Company enters into a contract with a customer to build a warehouse for $401900, with a performance bonus of $101900 that will be paid based on the timing of completion. The amount of the performance bonus decreases by 20% per week for every week beyond the agreed-upon completion date. The contract requirements are similar to contracts that Oriole has performed previously. and management believes that such experience is predictive for this contract. Management estimates that there is a 50% probability that the contract will be completed by the agreed-upon completion date, a 30% probability that it will be completed 1 week late, and a 20% probability that it will be completed 2 weeks late. What is the total transaction price for this revenue arrangement?