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Smith Electric (RE) Estimated Warranty Payable of Si 200 at the end of 2016 Ogling 2016 RE made sales of 6110 000 and expects product

Smith Electric (RE) Estimated Warranty Payable of Si 200 at the end of 2016 Ogling 2016 RE made sales of 6110 000 and expects product warranties to cost the company 2% of the sales During 2016 RE paid 52.700 foe warranted What is RE's Estimated Warranty Payable at the end of 2016?

A. $700

B. $2,200

C. $2,700

D. $3,400

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