Answer:
$400
Explanation:
Given at the end of 2017 estimated warranty payable is $ 1,300
Also given that During 2018, Roy Electric made sales of $ 140,000 and expects product warranties to cost the company 1 percent of the sales
The warranties made in the year 2018 is
![140000* (1)/(100)=1400](https://img.qammunity.org/2020/formulas/mathematics/high-school/fs105oo7jtapo2fprwta1mq2nsppllsto6.png)
Given that the company already paid $2300 warranties so
Total warranties payable are 1300 + 1400 - 2300 = $400