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Brave Tractors sells tractors that come with a one-year warranty. The companys total sales revenue for 20X1 is $527,000. The company estimates that total warranty

Brave Tractors sells tractors that come with a one-year warranty. The companys total sales revenue for 20X1 is $527,000. The company estimates that total warranty claims will amount to $29,200. If the company has actual warranty claims of $19,400 in 20X1 and $14,700 in 20X2, how much warranty expense will be recorded in 20X2 for the 20X1 tractor sales?

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