QUESTION 9 3.57142 points Save Answer Goal Co. sells parts for Waffle Maker and estimates that 3% of its sales will be returned for replacement parts. During June, parts sales totaled $890,000. The cost of goods sold is 35% of sales. On June 1, the estimated product warranty liability account had a credit balance of $9,400. During April, defective parts were returned in exchange for replacement parts that cost ABC Co. $2,800. a. 9,400 b. 9345 c. 2,800 d. 9,555 QUESTION 9 3.57142 points Save Answer Goal Co. sells parts for Waffle Maker and estimates that 3% of its sales will be returned for replacement parts. During June, parts sales totaled $890,000. The cost of goods sold is 35% of sales. On June 1, the estimated product warranty liability account had a credit balance of $9,400. During April, defective parts were returned in exchange for replacement parts that cost ABC Co. $2,800. a. 9,400 b. 9345 c. 2,800 d. 9,555