50. EZ Wheels Corporation manufactures kick scooters. The company offers a one-year warranty on all scooters. During the year, the company recorded net sales of $1,520 million. Historically, about 4% of all sales are returned under warranty and the cost of repairing and or replacing goods under warranty is about 30% of retail value. Assume that at the start of the year EZ Wheels' balance sheet included an accrued warranty liability of $13.0 million and at the end of the year the accrued warranty liability balance was $9.9 million. What was EZ Wheels Corporation's warranty expense for the year? A) $21.3 million B) $60.8 million C) $18.2 million D) $.9.9 million E) None of these are correct