warranty liability

Marin manufactures and sells computers for $2,300 each, with a two-year parts and labour warranty. Based on prior experience, the company expects, on average, to incur warranty costs equal to 5% of sales. The business reports the following sales and warranty cost informations (a) Your answer has been saved. See score details after the due date. Calculate the warranty expense for each year. Calculate the warranty liability at the end of each year