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On duly 1, 2020, OMU Entorprises sold 900 waftie makers to Stripes inc. for 500 cash each. Strpes also purchased a livoar warranty for 510

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On duly 1, 2020, OMU Entorprises sold 900 waftie makers to Stripes inc. for 500 cash each. Strpes also purchased a livoar warranty for 510 cash per waffie maker 0x1 eatimates that warranty costs wil be 5% of walle maker sales OMU incurred J400 in repair costs for warranty claims in 2020 and $1,100 in 2021. A. How much revenue does OMU Enterprises recognize for the warranty only in 2020 ? Round your answer to the nevarest dollar: B. How much warranty expense does OMJ Enterprises recognize in 2020 ? Round your answer to the nearest dollar

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