Vulakh Cycle Sales, Inc. offers warranties on all their bikes. They estimate warranty expense at 5% of sales. At the beginning of 2025, the Estimated Warranty Payable account had a credit balance of $1 900. During the year, Vulakh Cycle Sales had $303 000 in sales and had to pay out $5 900 in warranty payments. In accordance with GAAP, how much Warranty Expense should Vulakh Cycle Sales report on the 2025 income statement?