A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $246,000. The current period's entry to record the warranty expense is: Multiple Choice O Debit Warranty Expense $9,840 credit Sales $9.840. O Debit Warranty Expense $9,840 credit Estimated Warranty Liability $9.840 O Debit Estimated Warranty Liability 59,840 credit Warranty Expense $3650 C a CIJJU Leur Sales 59,840. o Debit Warranty Expense $9,840 credit Estimated Warranty Liability $9,840 o Debit Estimated Warranty Liability $9.840 credit Warranty Expense $3,650. o Debit Estimated Warranty Liability $9.840 credit Cash $9.840. o No entry is recorded until the items are returned for warranty repairs