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K Realton Electric (RE) owed Estimated Warranty Payable of $1,400 at the end of 2023. During 2024, RE made sales of $140,000 and expects product warranties to cost the company 4% of the sales. During 2024, RE paid $2,800 for warranties. What is RE's Estimated Warranty Payable at the end of 2024? OA $7,000 OB. $5,600 OC. $2,800 OD. $4,200

Fieulton Electric (RE) owed Estimsted Warranty Payabie of $1,400 at the end of 2023 . During 2024, RE rade sales of $140,000 and expects product warrantes to cost the compony 4% of the sains. A. 57,000 B. $5.600 C. $2,000 D. 34.200