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o 2020: Hydrogen Corp began selling a new line of products that carry eyes warranty against defects Based upon past experience with other products,
o 2020: Hydrogen Corp began selling a new line of products that carry eyes warranty against defects Based upon past experience with other products, the estimated warranty costs related to doliar sales are as follows, First year of warranty Second year of warranty 2% 5% Sales and actual warranty expenditures for 2020 and 2021 are presented below: 2021 Sales Actual warranty expenditures 2020 $450,000 $ 600,000 $15,000 $35,000 Hydrogen uses the expense approach to account for warranties. What is the estimated warranty liability at the end of 2021? [Insert your answer in the box below. Your answer should only involve digits/numbers. Do not use a doll system will give you an errorm sign ($) or a comma (.) in your answer (the Your Answer: For EPS calculations, use 2 decimal places.) Ancwor
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