We are hired as consultants to assist Arctica Co. in accounting for its warranty expenses. Arctica offers a one-year warranty covering parts on each snowmobile it sells. The following Tableau Dashboard is provided to assist us. Estimated Warranty Expense vs. Actual Warranty Claims $25,000 $20,000 Actual Warranty Claims Estimated Warranty Expense $15,000 $10,000 $5,000 $0 4 Years Ago 3 Years Ago 2 Years Ago 1 Year Ago Estimated Warranty Expense Percentage by Model Current Year Sales by Model Estimated Useful Life of Assets Purchase Price & Estimated Salvage Value Building Equipment $70,000 20 Truck 16 $60,000 $50,000 12 Years $40,000 $30,000 $20,000 4 $10,000 $O Building Equipment Purchase Salvage Purchase Salvage Purchase Salvage Price Value Price Value Price Value Truck Actual & Estimated Units-of-Production We are hired as consultants to assist Arctica Co. in accounting for its warranty expenses. Arctica offers a one-year warranty covering parts on each snowmobile it sells. The following Tableau Dashboard is provided to assist us. Estimated Warranty Expense vs. Actual Warranty Claims $25,000 $20,000 Actual Warranty Claims Estimated Warranty Expense $15,000 $10,000 $5,000 $0 4 Years Ago 3 Years Ago 2 Years Ago 1 Year Ago Estimated Warranty Expense Percentage by Model Current Year Sales by Model Estimated Useful Life of Assets Purchase Price & Estimated Salvage Value Building Equipment $70,000 20 Truck 16 $60,000 $50,000 12 Years $40,000 $30,000 $20,000 4 $10,000 $O Building Equipment Purchase Salvage Purchase Salvage Purchase Salvage Price Value Price Value Price Value Truck Actual & Estimated Units-of-Production