A company has a selling price of $1,950 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 $153 each During November, the company sold 33,000 printers, and 430 printers were serviced under the warranty, What is the company's warranty expense for the month of November? Multiple Choice $100,980 $65,790 $50,490 $58,000 $27,500