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Question 5 View Policies Current Attempt in Progress Bonita manufactures high-end whole home electronic systems. The company provides a one-year warranty for all products sold.

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Question 5 View Policies Current Attempt in Progress Bonita manufactures high-end whole home electronic systems. The company provides a one-year warranty for all products sold. The company estimates that the warranty cost is $290 per unit sold and reported a liability for estimated warranty costs $10.6 million at the beginning of this year. If during the current year, the company sold 59000 units for a total of $326 million and paid warranty claims of $12090000 on current and prior year sales, what amount of liability would the company report on its balance sheet at the end of the current year? $17110000 $15620000 $5020000. $2953333 Save for Later Attempts:0 of 1 used Submit Answer 6:48 PM 4/16/2020 Die LM

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