At the beginning of $2024,$ Angel Corporation began offering a $1-$year warranty on its products. The warranty program was expected to cost Angel $4\%$ of net sales. Net sales made under warranty in $2024$ were $$180$ million. Five percent of the units sold were returned in $2024$ and repaired or replaced at a cost of $$5\mathrm{.}3$ million. The amount of warranty expense in Angel's $2024$ income statement is:

Multiple Choice

$$ $$27\mathrm{.}0$ million.

$$ $$5\mathrm{.}3$ million.

$$ $$7\mathrm{.}2$ million.

$$ $$9\mathrm{.}0$ million.