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Strikers, Incorporated sells soccer goals to customers over the Internet. History has shown that 3%...

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Accounting

Strikers, Incorporated sells soccer goals to customers over the Internet. History has shown that 3% of Strikers' goals will need repair under the warranty program. For the year, Strikers has sold 3,700 goals and 46 have been repaired. If the estimated cost to repair a goal is $140, what would be the warranty liability at the end of the year? Multiple Choice $9,150 $0 $9,100 $15,540
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