Please answer the questions 12.11, 12.12 and 12.13 with your detailed explanations, it's much appreciated!

12.11 Mobiles Co sells goods with a one year free warranty under which customers are covered for any defect that becomes apparent within a year of purchase. In calendar year 20XL+, Mobiles Co sold 100,000 units. The company expects warranty claims for 5% of units sold. Half of these claims will be for a major defect, with an average claim value of $50. The other half of these claims will be for a minor defect, with an average claim value of $10. What amount should Mobiles Co include as a provision in the statement of financial position for the year ended 31 December o o o o $125,000 $25,000 $300,000 $150,000