" On October 10, 2013, Printfast Company sells a commercial printer for $4,150 with a one-year warranty that covers parts. Warranty expense is projected to be 4% of sales. On February 28, 2014, the printer requires repairs. The cost of the parts for the repair is $140 and Printfast pays their technician $330 to perform the repair. What is the warranty liability for this printer at the at the end of 2014?"