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A company has a selling price of $1, 350 each for its printers. Each printer has a 2 year warranty that covers replacement of defective

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A company has a selling price of $1, 350 each for its printers. Each printer has a 2 year warranty that covers replacement of defective parts. It is estimated that 3% of all printers sold will be returned under the warranty at an average cost of $141 each. During November, the company sold 21,000 printers, and 310 printers were serviced under the warranty at a total cost of $41,000. The balance in the Estimated Warranty Liability account at November 1 was $24, 500. What is the company's warranty expense for the month of November? $16, 500 $41,000 $44, 415 $43, 710 $88, 830

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