Morgan's Lawn Equipenent sells high-quality lawn mowers and offers a 3 year warranty on all new lawn mowers sold. in 2025, Morgan sold $297,800 of new speciaity mowers for golf greens for which Morgan's service departenent does not have the equipment to do the service. Morgan has entered into an agreement with Mower Mavens to provide all warranty service on the special mowers sold in 2025. Morgan wishes to measure the fair value of the agresment to determine the warranty labulity for sales made in 2025. The controller for Morgan's Lawn Equipment estionates the following excected warranty cash outflows associated with the mowers sold in 2025 Click here to view factor tables: Using expected cash flow and present value techniquess, determine the value of the warranty liablity for the 2025 sales Use an annual answer to 0 decimol plpces, es. 458.581.) The value of the warranty lisbility fect the 2025 wales is