Question 14 10 pts A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $275,000. What it the current period's entry to record the warranty expense? 11,000 Warranty Expense Cash 11,0000 11,000 Warranty Liability Warranty Expense 11,000 11,000 Warranty Expense Sales 11,000 11,000 Warranty Liability Cash 11,000 11,000 Warranty Expense Warranty Liability 11,000