Jay Link Vallda. est 3 0 Saved Help Save & Exit Submit Required information The following information applies to the questions displayed below.] Part 2 of 2 A company restores and resells notebook computers. It originally acquires the notebook computers from corporations upgrading their computer systems, and it backs each notebook it sells with a 90-day warranty against defects. Based on previous experience, the company expects warranty costs to be approximately 4% of sales. Sales for the month of December are $430,000. Actual warranty expenditures in January of the following year were $14,500. oints 4. What is the balance in the Warranty Liability account after the entries in Part 2 and 3? 8 02:24:56 Warranty Liability - Jay Link Vallda. est 3 0 Saved Help Save & Exit Submit Required information The following information applies to the questions displayed below.] Part 2 of 2 A company restores and resells notebook computers. It originally acquires the notebook computers from corporations upgrading their computer systems, and it backs each notebook it sells with a 90-day warranty against defects. Based on previous experience, the company expects warranty costs to be approximately 4% of sales. Sales for the month of December are $430,000. Actual warranty expenditures in January of the following year were $14,500. oints 4. What is the balance in the Warranty Liability account after the entries in Part 2 and 3? 8 02:24:56 Warranty Liability