please solve for b

Sandhill Company selts televisions at an average price of $910 and also offers to each customer a separate 3-year warranty contract for 587 that requires the company to perform periodic services and to replace defective parts. During 2025, the compamy sold 291 televisions and 251 warranty contracts for cash. It estimates the 3 -year warranty costs as $20 for parts and 540 for labor. and accounts for warranties separately. Assume sales occurred on December 31, 2025, and straight-line recognition of warrmity revenues occur5 (3) Your answer hicorrect Record any necessary jourmal entries in 2025. af no entry is requined, select "No Entry" for the aceount tities and enter O for the amounts. Credit occount tieles are outomatically indented when amount is entered, Do not indent monvally Ust ail debit etries before oredit entries] What liability relative to these transactions would appear on the December 31,2025 , balance sheet and how would it be classified