Ayayai Company sold 3000 units of its product for $690 each in 2024 . The selling price includes a one-year warranty on parts. It is expected that 3% of the units will be defective and that repair costs will average $114 per unit. In 2024 , warranty contracts are honoured on 70 units for a total cost of $7980. What amount should Ayayai Company record in 2024 for warranty expense? $10260$62100$2280$7980