XYZ Inc sells enhanced warranties for its products as a separate service. During the year, the company sold 19,746 warranty contracts at $108 each. The company spent $177,730 in servicing the warranties during the year, and it estimates that an additional $888,870 will be spent in the future to service the warranties. The company recognizes warranty revenue based on the proportion of costs incurred out of the total estimated costs. How much total warranty revenue will be recorded during the year by the company under the revenue approach for service-type warranties? a. $337,587 b. $328,703 c. $355,355 d. $364,239 e. $346,471