Jumbo Sales Corporation offers warranties on all their electronic goods. Warranty expense is estimated at 4% of sales revenue. In 2017, the company had exist608.000 of sales. In the same year, it paid out exist11,000 of warranty payments. Which of the following is the entry needed to record the estimated warranty expense? A. Warranty Expense 11,000 Estimated Warranty Payable 11,000 B. Warranty Expense 24, 320 Sales Revenue 24, 320 C. Estimated Warranty Payable 11,000 Cash 11,000 D. Warranty Expense 24, 320 Estimated Warranty Payable 24, 320