An entity offers a 2 year warranty program on all the products is sells. They estimate that warranty costs will equal 3% of sales in the first year of the warranty and 2% of sales in the second year of the warranty. in the first year, total sales amounted to $3831401. Warranty costs incurred to service products under warranty was $35655. What is the warranty expense for the first year? Select one: 191570 35655 155915 114942