Oryx Company sold a machine costing $5,500 with a two-year parts warranty to a customer on March 10, 2019, for $11,000 cash. Oryx Company expects to incur warranty costs equal to 4% of dollar sales. On July 15, 2020, the machine requires repairs. The repairs cost $111 for materials taken from the repair parts inventory. 1. How much is Oryx Company's warranty expense in 2019? Warranty expense 2. How much is Oryx Company's warranty expense in 2020? Warranty expense