Homework CGA-CANADA FINANCIAL ACCOUNTING FUNDAMENTALS [FA1] ASSIGNMENT #3 (Updated to the 2014/2015 Module Notes) Time: 3 Hours Note:

Hello,Please could you help me with this question and also with my homework? Thanks in advance. The first question is below and the homework is attached (uploaded).Warble Inc. extended a one-year warranty covering parts to Delta Inc. Warble estimates warranty expense at 1.5% of cost. On October 2, 20X1, the equipment required warranty work involving $1,800 of labour and $700 in parts. Warbles Estimated warranty liability account at January 1, 20X1, showed a $12,000 balance. What is Warble Estimated warranty expense on October 2?$0$700$2,500$4,050