Panther Co. had a quality-assurance warranty liability of $356,000 at the beginning of 2018 and $314,000 at the end of 2018. Warranty expense is based on 3% of sales, which were $49 million for the year. What were the warranty expenditures for 2018? Multiple Choice $1,470,000. $0. $1,428,000 $1,512,000