The beginning balance in the Warranty Payable account for WestHam Inc. for the year ending 31 December 2017 was 80,000. Sales for 2017 were 2,100,000 and warranty costs were estimated at 5.5% of sales. During the year, 65,000 was paid to settle warranty claims. As a result of these transactions, what is the amount of warranty expense for the year 2017 and what is the ending balance in Warranty Payable as at 31 December 2017?