Leland Corporation sells DVD players. The corporation also offers its customers a 4-year service-type warranty contract. On 1/1/24, Leland sold 10,000 warranty contracts at $50 each; Leland spent $45,000 servicing warranties during 2024 and $65,000 servicing warranties in 2025. Estimated warranty expense for the four-year period is $400,000. The Sales Warranty (Deferred Revenue) approach is applicable. Assume straight-line amortization. What is the effect on 2025 Net Income? O a. $60,000 O b. $65,000 Oc. $25,000 O d. $35,000 O e. $100,000