The accounting records of Claytown Ceramics included the following at January 1, 2024: Ii (Click the icon to view the data.) In the past, Claytown's warranty expense has been 9% of sales. During 2024, Claytown made sales of $167,000 and paid $6,500 to satisfy warranty claims. Read the requirements. Requirement 2. What balance of Estimated Warranty Payable will Claytown report on its balance sheet at December 31, 2024? Use the T-account to determine the ending balance for the Estimated Warranty Payable account. Use an "End. Bal." posting reference to show the ending balance of the account. The beginning balance (Beg. Bal.) has been entered for you