Sage Hill Supply sells products that carry a two-year warranty. Any defective product is replaced with a new item taken from inventory. Management believes that this is the most cost-effective way to deal with any defects or customer complaints. Estimates of claims are expected to be 3 out of every 100 units sold. The units sell for $25 and cost $15. All sales are on account, and the 13% HST is not included in the selling price. Sage Hill has a calendar year end and uses a perpetual inventory system. What is the ending balance in the Warranty Liability account? Ending balance in the Warranty Liability account of $ Sage Hill Supply sells products that carry a two-year warranty. Any defective product is replaced with a new item taken from inventory. Management believes that this is the most cost-effective way to deal with any defects or customer complaints. Estimates of claims are expected to be 3 out of every 100 units sold. The units sell for $25 and cost $15. All sales are on account, and the 13% HST is not included in the selling price. Sage Hill has a calendar year end and uses a perpetual inventory system. What is the ending balance in the Warranty Liability account? Ending balance in the Warranty Liability account of $