Sony owed Estimated Warranty Payable of \($1,000\) at the end of 2009. During 2010, Sony made sales of \($100,000\) and expects product warranties to cost the company 3% of the sales. During 2010, Sony paid \($2,500\) for warranties. What is Sony’s Estimated Warranty Payable at the end of 2010?

a. $1,500\)

b. $2,500\)

c. $3,000\)

d. $3,500\)