The company expects to incur warranty expenses amounting to 3% of sales. There Bentez Co. had sales of $340,000 in Year I. were $4,500 of warranty obligations paid in cash during Year 1. Based on this information Multiple Choice The warranties payable account would increase by $5,700 in Year f Cash would decrease by $4,500 as a result of the accounting events assoclated with warranties in Year1 All of these answer choices are correct Warranty expenses would decrease net earmings by $10.200 in Year f