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Panther Company had a quality-assurance warranty liability of $348,000 at the beginning of 2024 and $301,000 at the end of 2024. Warranty expense is based

Panther Company had a quality-assurance warranty liability of $348,000 at the beginning of 2024 and $301,000 at the end of 2024. Warranty expense is based on 3% of sales, which were $42 million for the year. What amount of warranty costs were paid during 2024

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