1 1 pts Smith Company sells baby strollers, and customers receive an 18-month warranty on every stroller sold. Based on past experience, Smith estimates that warranty expenses will be 4% of sales. In the year ending December 31, 2016, Smith had stroller sales of $75,775. What is the journal entry Smith should use to record the estimated warranty expense for 2016? Remember how the "matching" principle impacts the recognition of warranty expense