Martinez's R Us sold 1160 high end convection ovens during 2023 at a price of $1612.. with a warranty guarantee that the product was free from any defects. The cost of each oven is $1100 and includes a $10 one-year assurance warranty. In addition, Martinez's R Us sold extended warranties on 680 ovens For four years beyond the one-year period for $210800. What is the value of the warranty expense that Martinez's R US should recognize?

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