On October 10,2010,Printfast Company Sells a Commercial Printer for $2,350

On October 10,2010,Printfast Company sells a commercial printer for $2,350 with a one year warranty that covers parts.Warranty expense is project to be 4% of sales.On February 28,2011,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 at the end of 2010?

A) $49.00
B) $84.80
C) $94.00
D) $0,there is no liability at the end of 2010
E) $230.00