2016 large: $15,917 small: $23,101

2017 large: $$12,325 small: $20,936

2018 large: $13,891 small:$24,127

Tableau Dashboard Activity 10-1 Maverick, Inc. produces and sells small and large LED monitors. Both models include a lifetime guarantee that covers damage to the monitor. The company will either repair or replace a damaged model with a similar model at no cost for the life of the monitor. The company's accountant has provided information about warranty costs in the below Tableau dashboard, which allows you to mouse- over graphs to reveal specific amounts for use in answering the following questions. Warranty Costs at Maverick Corporation Costs Based on Product Age Claim Date 2017 2016 2018 2016 product age at date of claim % total claim amount along product age at date of claim Claim amount Required 1 Required 2 Required 3 Required 4 According to the bar chart, (a) what was the total dollar amount of warranty claims in 2018 and (b) did Maverick, Inc. pay more for large or small monitor claims in 2018? a. Total warranty claims b. Maverick, Inc. paid more in 2018 Required 1 Required 2 Required 3 Required 4 According to the bar chart, how has the percentage of small monitor claims changed over the past three years? The percentage of claims Required 1 Required 2 Required 3 Required 4 If Maverick, Inc. can reasonably estimate warranty costs as 2% of total monitor sales each year, what will the company need to do to account for the lifetime warranty in its financial statements? The company needs to