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6 25 pts Tractor World offers warranties on all their tractors. They estimate warranty expense at 2.4% of sales. At the beginning of 2013, the

6 25 pts Tractor World offers warranties on all their tractors. They estimate warranty expense at 2.4% of sales. At the beginning of 2013, the Estimated warranty payable account had a credit balance of $900. During the year. Tractor World had $285.000 of sales, and had to pay out $5,100 in warranty payments. At the end of the year, how much Warranty expense was reported on the income statement? O $5.300 O 16.840 $2.640 O $4200

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