Ridge Rurner USA, a tire manufacturet, guarantees its tires against delects for fivo years or 60,000 miles, whichever comes first, Suppose Ridge Runner USA can expect warranty conts during the five-year period to add up to 7% of sales. Assume that a Ridge Runner USA dealer in Denver, Colorado, mado sales of $523.000 during 2021 . Ridge Runner USA received cash for 20\%, of the eales and tock notes recaivable for the ramainder. Payments to sasisy customer warranty dains lotaved $19,600 duting 2021 . Read the reguitements. What amount of warranty expense will fidge Rumner USA report during 2021 ? Dunng 7021, Ridpo Runner will report wacranty expense of