On Jamuary 1,2023, Ivanhoe Ltd sold on account 1,200 units of its product for a total price of $567,000 and a cost of 5489,000 . The products havea one-vear assurance-type warranty anElvanhoe estimates that the cost will be $22.000. Ey the compary's year-end December 31, 2023, actual warranty costs related to the aroducts sold was $17,200, paid in cash Sheffield Corporation has the following four items in its ending inventory