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Sunland 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 averages $290

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Sunland 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 averages $290 per unit sold and reported a liability for estimated warranty costs of $10.6 million at the beginning of the current 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? $3805128$5020000$17110000$15620000

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