Dana Appliances sells dishwashers with a four-year warranty. In 2017, sales revenue for dishwashers is $97,000. The company estimates warranty expense at 4.5% of revenues. What is the 2017 warranty expense?
A) $4,365
B) $1,091.25
C) $0
D) $3,423.53
A .Sales Revenue $97,000.00
Warranty Expense 4.5%
Warranty expense ($97,000 x 4.5%) $4,365
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