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Lulzbot.com sells 6.000 units of its product for $500 each during the year ending December 31, 2021. The selling price includes a one-year warranty on parts. It is expected that 3 of the units will be defective and that repair costs will average 550 per unit. In the year of sale, warranty contracts are honored on 120 units for a total cost of $6,000. What amount will be reported on Lulzbot.com's balance sheet as Warranty Liability on December 31, 20212 It cannot be determined. 59.000, $3,000 $6,000. A partners' capital statement explains the changes in each partner's capital account and in total partnership capital during a period. the amount of legal liability of each of the partners. how the partnership will be capitalized if a new partner is admitted to the partnership. the types of assets invested in the business by each partner. Koppernaes Company has total proceeds before separating out sales taxes) from sales of 58,560. If the sales tax is 7, the amount to be credited to the account Sales Revenue is: $8,075, $9.159. 58.000 58,560 Define par value, and discuss its significance in accounting T T T Arial 3 (12pt T.EE V