Question: $9$ Volt Electronics sells equipment that includes a three$-$year warranty. Repairs under the warranty are performed by an independent service company under a contract with Volt. Based on prior experience, warranty costs are estimated to be $$25$ per item sold. Volt should recognize these warranty costs: nts $00$:$21$:$19$ Multiple Choice O O When payments are made to$9$ Volt Electronics sells equipment that includes a three$-$year warranty. Repairs under the warranty are performed by an independent service company under a contract with Volt. Based on prior experience, warranty costs are estimated to be $$25$ per item sold. Volt should recognize these warranty costs: nts $00$:$21$:$19$ Multiple Choice O O When payments are made to the company providing the service. Evenly over the life of the warranty. When the repairs are performed. When the equipment is sold.