The accounting records of Prestige Auto Repair Prestige Auto Repair showed a balance of $ 6 comma 700 $6,700 in Estimated warranty payable at December 31, 2017 2017. In the past, Prestige Auto Repair's Prestige Auto Repair's warranty expense has been 2 2 percent of sales. During 2018 2018, Prestige Auto Repair Prestige Auto Repair made sales of $ 431 comma 000 $431,000 on account and paid $ 9 comma 800 $9,800 to satisfy warranty claims.