Sunland Navigation began operations in 2022 and provides a one-year warranty on the productsit sells. It estimates that 20600 of the 400000 units sold in 2022 will be returned for repairs and that these repairs will cost $10 per unit. The cost of repairing 16100 units presented for service in 2022 was $127300. Sunland estimates that the remaining estimated units will be presented for repair in the following year. Sunland will report no warranty obligation on December 31,2020 , since this is only a contingent liability. warranty liability of $45000 on December 31,2020 . warranty liability of $206000 on December 31,2020 Warranty expense of $127300 for 2020 . Bonita, com sold 5500 units of its product for $540 each during the year ending December 31,2022 . The selling price includes a oneyear warranty on parts. It is expected that 3% of the units will be defective and that repair costs will average $60 per unit. In the year of 5ale, warranty contracts are honored on 110 units for a total cost of $6600. What amount should be reported on Bonita com's balance sheet as Warranty Llability on December 31,2022? $3300 59900 $6600 It cannot be determined