Answer:
Myron gains, while the bank loses.
Explanation:
Fallen in prices is usually cause by deflation i.e a general decrease in the prices of goods and services which enhances the purchasing power of money.
In this case, 5% fall in price will increase the value of the Myron investment with bank and caused bank more money .
 
        
             
        
        
        
Answer:
 $319,000
Explanation:
The computation of the liability is shown below:
= Total expenses in three year - actual warranty expenditure
where, 
Total expenses in three years = Total sales × total percentage of sales
                                                 = $6,200,000 × 9%
                                                 = $558,000
And, the actual warranty expenditure is $239,000
Now put these values to the above formula  
So, the value would equal to
= $558,000 - $239,000
=  $319,000