On October 1, 2024, Benson Company sells 5,000 microwaves at an average price of $500. The product includes a one-year warranty on parts. Based on past experience, it is expected that 2% will be defective, and that warranty repair costs will average $125 per unit. How much is the estimated warranty costs to accrue for this sale?

a	$100
b	$3,125
c	$1,250
d	$12,500