Osman Corp. sells Product CC15 for $126.00 each. Each unit is covered by a three year warranty, and Osman estimates that the average cost of warranty repairs and replacements is $11.26 per unit over the term of the warranty. Osman reports the following data for its first three years of operations: Units sold Actual warranty costs 2023 11,000 $36,000 2024 22,000 $122,000 2025 35,000 $217,000 What is Osman's warranty liability at December 31, 2024