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Question 7 0 / 2 pts ABC sells products to customers with a warranty. Customers can return the products to ABC for a free

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Question 7 0 / 2 pts ABC sells products to customers with a warranty. Customers can return the products to ABC for a free replacement within 90 days of purchase. During April 2022, ABC sold 1,500 products to customers. During May, ABC sold 1,800 products to customers. Based on past sales, ABC estimates that 5% of all products sold will be returned for a free replacement. The products cost ABC $20 to produce and they are sold for $35 per item. During April, 100 products were returned and during May, 120 items were returned. As of March 31, 2022, ABC's Warranty Liability had a credit balance of $12,000. Based on this information, what should the warranty expense be for April, 2022? Please enter all amounts as a positive number with no dollar signs or commas. For example, if the answer is $2,100, enter 2100. 2000

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