On October 10,2013,Printfast Company Sells a Commercial Printer for $2,350

Multiple Choice

On October 10,2013,Printfast Company sells a commercial printer for $2,350 with a one-year warranty that covers parts.Warranty expense is projected to be 4% of sales.On February 28,2014,the printer requires repairs.The cost of the parts for the repair is $80 and Printfast pays their technician $150 to perform the repair.
-What is the warranty liability for this printer at the at the end of 2014?

A) $14.00.
B) $84.80.
C) $94.00.
D) $0,there is no liability at the end of 2014.
E) $230.00.