isty Hardware makes only cash sales. It began 2021 with a credit balance of 3,800 in the refund liability account. Sales during 2021 were $780,000. isty estimates that 6% of all sales will be returned. During 2021, customers turned merchandise for credit of $31,600 to their accounts. hat is the balance in the refund liability account at the end of 2021? Multiple Choice $48,000. $49,000. $33,800. $50,200