LG company sells all its electrical products with a 12-month warranty as standard. The company estimates that the warranty provision required is 3% of the previous 12 months sales. As 31 May 20X4 the warranty provision balance was 169,854.

During the year ended 31 May 20X5 sales of electrical products totalled 5,027,900, and LG company spent 140,680 on repairs to and replacements of goods under warranty

What figure will be included in LG company statement of profit or loss for the year ended 31 May 20X5 for warranty expenses?

A.121,663

B 140,680

C.150,837

D.159,697