2 pts Question 25 Classic Sales Company offers warranties on all their electronic goods. Warranty expense is estimated at 3% of sales revenue. In 2018, the company had $602.000 of sales. In the same year, it paid out $12,000 of warranty payments. Which of the following is the entry needed to record the estimated warranty expense! med Warranty Payable 12.000 Ch 12.000 Warranty pe 12.000 Estimated Warranty Pytle 12.000 Warranty Expense 1.05 Estimated Warranty Payable 1,060 Warranty Expense 18.00 Sales Revenue 18.060