RENGOKU Corp. sells printers with a three-year warranty. RENGOKU estimates its warranty costs as a percentage of peso sales. Based on past experience. it is estimated that 2% will be repaired during the first year of warranty, 4% will be mpaiied during the second year of warranty and 6% will be repaired in the third year. In 2021 and 2022, the company was able to sell 7.500 units and 8.400 units respectively at the selling price of P5.000 per unit. The company also incurred actual repair costs of P530000 and P1.176.000 in 2021 and 2022. respectively. a. 7,834,000 b. 5,040,000 0. 4,500,000 d. 3,970,000 'What is the amount of liability for warranty reported in RENGOKU Corp.'s December 31, 2022 statement of financial position? percentage of peso sales. Based on past experience, it is estimated that 2% will be repaired during the rst year of warranty. 4% will be repaired during the second year of warranty and 6% will be repaired in the third year. In 2021 and 2022. the company was able to sell 7.500 units and 8,400 units respectively at the selling price of P5000 per unit. The company also incurred actual repair costs of P530000 and P1,1TG,000 in 2021 and 2022. respectively. a. 7,834,000 b. 5,040,000 C. 4,500,000 d. 3,970,000