KO-QUOTA-AKO Appliance Company's accountant has been reviewing the firm's past television sales. For the past years, KO-QUOTA-AKO has been offering a special service warranty on all televisions sold. With the purchase of television, the customer has the right to purchase a 3-year service contract for an extra P100. Sales of service contract are made evenly throughout each year. Information concerning past television and warranty contract sales is given below: How much is the unearned service contract as of December 31, 2021? * 2 points Television sales in units Sales price per unit Number of service contracts sold Expenses relating to television warranties 2019 2020 500 600 P750 P750 400 500 P20,000 P22,000 KO-QUOTA-AKO's accountant has estimated from past records that the pattern of repairs has been 50% in the year of sale, 30% first year after sale and 20% on 2nd year after sale. Your answer