$17$ Color the World Co$.,$ with a December $31$ year end date, started to sell high definition televisions for $$2,000$ each on Jan $1,2018.$ Exch telentision includes one yeat wartanty covering

$19$ Warranty revenue is recognized evenly over the warranty time period. The Company follows ASPE.

$20$

$21$ The company estimates that repair cost will be $$70$ for each television and $5\%$ of TVs sold will need to be repaired within I year of sale. The companty's sales, repair clate and actual repair

$22$ cost is provided in the table below.

$23$

$24$ Please look at the requirements to answer this question below.