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On December 31st, 2019, Scopus Co sold 100 machines for $500 each with a 3- year assurance-type warranty. The company estimates that this warranty will

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On December 31st, 2019, Scopus Co sold 100 machines for $500 each with a 3- year assurance-type warranty. The company estimates that this warranty will cost $30 per machine. On December 31st, 2019, Scopus Co. reports Warranty Liability as a current liability in the balance sheet of Select one: O a. $50,000 b. $2,000 c. $1,000 d. $3,000

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