A company has a selling price of $1,550 each for its printers. Each printer has a 2 year warranty that covers replacement of defective parts. It is estimated that 2 % of all printers sold will be returned under the warranty at an average cost of $145 each. During November, the company sold 25,000 printers, and 350 printers were serviced under the warranty at a total cost of $50,000. The balance in the Estimated Warranty Liability account at November 1 was $26,500. What is the company's warranty expense for the month of November? n1742 Multiple Cholce $36,250 $23,500 $50,750 $72,500 $50,000 MacBook Air