Classic Sales Company offers warranties on all their electronic goods. Warranty expense is estimated at 5% of sales revenue. In 2018, the company had $612,000 of sales. In the same year, it paid out $18,000 of warranty payments. Which of the following is the entry needed to record the estimated warranty expense? 30,600 30,600 O A. Warranty Expense Estimated Warranty Payable OB. Estimated Warranty Payable Cash 18,000 18,000 18,000 O C. Warranty Expense Estimated Warranty Payable 18,000 30,600 OD. Warranty Expense Sales Revenue 30,600