Use the following to answer questions 17 and 18 : Alice Cooper Inc. sells televisions with a one year quality assurance warranty. Past experience indicates warranty repair costs are approximately 2% of sales. At December 31,2024 , the balance in the warranty payable liability account was $310,000, sales of televisions in 2025 totaled $21,000,000, and the cost of warranty repairs made in 2025 was $430,000. Question 17 1 pts The total warranty expense Alice Cooper would report on its 2025 income statement is: $430,000$300,000$420,000$750,000 Question 18 1 pts The warranty payable liability Alice Cooper would report on its December 31,2025 balance sheet is