Panther Co. had a quality-assurance warranty liability of $359,000 at the beginning of 2018 and $311,000 at the end of 2018. Warranty expense is based on 4% of sales, which were $43 million for the year. What were the warranty expenditures for 2018? Multiple Choice $0. $1,768,000 $1,672,000. $1,720,000