Saran Digital, Inc. starts the year with $3, 500 in its Estimated Warranty Payable account. During the year, there were $213,000 in sales and $4, 900 in warranty repair payments. Saran Digital estimates warranty expense at 4% of sales. The Warranty Expense for the year is. A. $4, 900 B. $8, 520 C. $7, 120 D. $3, 500