The Gardot Corporation offers a two year warranty on its products. The warranty liability account had a balance of $283723 on December 31, 20x4. Gardot estimates their warranty expense to be equal to 2% of sales. Sales in 20x5 were $8224210. Costs incurred in servicing warranties in 20x5 amounted to $161479. What is the balance in the warranty liability account at December 31, 20x5? Select one: O a. $283723 Ob. $122244 O c. $164484 O d. $286728 Check