Crane Company offers a five-year warranty on its products. Crane previously estimated warranty costs to be 3% of sales but in 2025 revised this estimate to 1% due to process and quality control improvements. Crane reported warranty costs of $75600 on $2520000 of sales in 2023 and $90600 on $3020000 in 2024. Sales revenue for 2025 was $5020000. What is Crane Company's warranty expense for 2025? $50200 $150600 $0 $166200