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Incorrect Question 14 070.5 pts At the beginning of 2019 Sun Angel Corporation began offering a two-year warranty on its products. The warranty program was

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Incorrect Question 14 070.5 pts At the beginning of 2019 Sun Angel Corporation began offering a two-year warranty on its products. The warranty program was expected to cost Sun Angel 4% of net sales. Net sales of its products in 2019 were $180 million. Fifteen percent of the units sold were returned in 2019 and repaired or replaced at a cost of $5.3 million. The amount reported on Sun Angel's 2019 year end balance sheet for Est. Warranty Liability is: $5,3 million @ $7.2 million $1.9 million $19.8 million

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