1 points AC Trading sold an equipment for $6.550 cash with a two-year parts warranty to a customer on August 16, 2020. Oranuary 5, 2021, the equipment requires ontreparture completed at the same day. The repairs cost $400 for materials taken from the repair parts inventory. The company estimates warranty costs to be 4 of dolor sale How much warranty expense does the company report in 2020 O A 5520 debit 1.5 524 debit OC 5124 bit OD.5200 credit