Company A had a balance of $230,000 in its quality-assurance warranty liability account as of December 31, 2021. In 2022, some products sold were returned and repaired or replaced at a cost of $16,800. Company A's warranty expense is estimated be 3% of sales. Sales in 2022 were $1,750,000. What was the balance in the warranty liability account as of December 31, 2022? O A. $282,500 OB. $265,700 C. $246,800 O D. $194,300