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In 2015 Noah, Incs car sales were $835,700, and the company expects to have warranty costs of 4% of sales. However, in 2016, the company
In 2015 Noah, Incs car sales were $835,700, and the company expects to have warranty costs of 4% of sales. However, in 2016, the company changes its estimate to 3% of sales. The car sales in 2016 were $672,500 with $20,531 warranty expenditures.
What is the warranty expense in 2016?
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