Rogers sells equipment which comes with no warranty. However, customers can purchase a two year warranty separately for 10% of the selling price. In 2022 Roger sold $900,000 of equipment and one-third of the customers purchased the warranty. Rogers estimates it will cost $15,000 to service these warranties and during 2022 it incurred $6,000 in warranty costs. Using the revenue method, on ending balance sheet for 2022 Rogers should record:

Warranty liability $15,000

Warranty liabilities $9,000

Unearned warranty revenue $30,000

Unearned warranty revenue $18,000

Unearned warranty revenue $12,000