The Arizona Coyotes Co. utilize the "revenue" approach during warranty accounting. In 2019, Arizona Coyotes had product sales of $750,000. The entirety of their sales come with a 2 year warranty (factored into price). They estimate 2% of the price relates to warranty, with 40% of this warranty portion relating to 2019, 60% to 2020. If the Arizone Coyotes paid $5,500 related to warranty claims during 2020, solve for their net warranty revenue (revenue minus warranty costs) for 2020. O a. $3,500 O b. $5,500 O c. $9,000 O d. $9,500