Classic Sales Corporation offers warranties on all their electronic goods. Warranty expense is estimated at 3% of sales revenue. In 2018, the company had $602,000 of sales. In the same year, it paid out $12,000 of warranty payments. Which of the following is the entry needed to record the estimated warranty expense? 18,060 18,060 12,000 12,000 O A. Warranty Expense Sales Revenue O B. Warranty Expense Estimated Warranty Payable O C. Warranty Expense Estimated Warranty Payable OD. Estimated Warranty Payable Cash 18,060 18,060 12,000 12,000