please help the last Required 4

Maverick, Inc. produces and sells small and large LED monitors. Both models include a lifetime guarantee that covers damage to the monitor. The company will either repair or replace a damaged model with a similar model at no cost for the lffe of the monitor. The over graphs to reveal specific amounts for use in answering the following questions. Warranty Costs at Maverick Corporation Costs Based on Product Age Required: 1. According to the pie chart, what was the relationship between warranty costs and product age in 2018 ? 2. According to the bar chart, (a)what was the total dollar amount of warranty claims in 2018 and (b) did Maverick. Inc. pay more for large or small monitor claims in 2018 ? 3. According to the bar chart, how has the percentage of small monitor claims changed over the past three years? 4. If Maverick, Inc. can reasonably estimate warranty costs as 2% of total monitor sales each year, what will the company need to do to account for the lifetime warranty in its financial statements? Complete this question by entering your answers in the tabs below. If Maverick, inc. can reasonably estimate warranty costs as 2% of total monitor sales each year, what will the company need to do to account for the lifetime warranty in its financial statements