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Fittoniya [83]
3 years ago
6

Panther Co. had a quality-assurance warranty liability of $350,000 at the beginning of 2021 and $310,000 at the end of 2021. War

ranty expense is based on 4% of sales, which were $50 million for the year. What amount of warranty costs were paid during 2021?
a. $0.
b. $1,960,000.
c. $2,000,000.
d. $2,040,000.
Business
1 answer:
Diano4ka-milaya [45]3 years ago
7 0

Answer:B

Explanation: :)

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