LD Brantley Company sells electronic fish finders with a one-year warranty. At 12/31/16 the estimated warranty liability on Brantley's balance sheet showed a balance of $11.600. During 2017, Brantley sold $960,000 fish finders and estimates that warranty costs will be 2.5% of sales. Also, during 2016, Brantley performed warranty repairs of $22,800