Question 50 Conner Company had a balance of $160,000 in its warranty liability account as of December 31, 2017 in 2018, Con's warranty expenditures were 5990.000 want t calculated as 1% of sales. Sales in 2018 were $80 million. What was the balance in the warranty liability account as of December 31, 2018 O $70,000 O $850,000 O $250,000 O $960,000