A company has a selling price of $1,600 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 $146 each. During November, the company sold 26,000 printers, and 360 printers were serviced under the warranty at a total cost of $51,000. The balance in the Estimated Warranty Liability account at November 1 was $27,000. What is the company's warranty expense for the month of November?

a. $24,000

b. $52,560

c. $75,920

d. $37,960

e. $51,000