Not sure what I should put in the rest of the cells or if what I have is right. Thank you.

Right Medical introduced a new implant that carries a five-year warranty against manufacturer's defects. Based on industry experience with similar product introductions, warranty costs are expected to approximate 1% of sales. Sales were $20 million and actual warranty expenditures were $29,000 for the first year of selling the product. What amount (if any) should Right report as a liability at the end of the year? (Enter your answers in whole dollars.) Beg. Bal. Warranty Liability 29,000 0 200,000 Warranty expense Actual expenditures End Bal. 171,000