Research online and identify a business case study involving a historically significant compliance or regulatory issue that led to the formation of a regulatory agency or law. For your business study, gather five sources of information to study the issue. Describe the publication and evaluate the validity and reliability of the sources.

Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?