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The following is available for Bonsers warranty liability , before year-end adjustment. Beginning warranty liability 800,000 Warranty expense 1,100,000 Warranty claims paid 1,050,000 Ending warranty

The following is available for Bonsers warranty liability, before year-end adjustment.

Beginning warranty liability

800,000

Warranty expense

1,100,000

Warranty claims paid

1,050,000

Ending warranty liability, before adjustment

850,000

Based upon a year-end analysis by the warranty claims department, the ending balance in the warranty liability should be $925,000.

What amount should appear on the annual income statement for warranty expense?

Group of answer choices

$1,175,000

$1,100,000

$1,025,000

$925,000

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