Domestic 2. In packages of its products, Ivanhoe Inc. includes coupons that may be presented at retail stores to obtain discounts on otherIvanhoe products. Retailers are reimbursed for the face amount of coupons redeemed plus 10% of that amount for handling costs.Ivanhoe honors requests for coupon redemption by retailers up to 3 months after the consumer expiration date. Ivanhoe estimatesthat 60% of all coupons issued will ultimately be redeemed. Information relating to coupons issued by Ivanhoe during 2025 is asfollows.Consumer expiration dateTotal face amount of coupons issuedTotal payments to retailers as of 12/31/2512/31/25Liability for unredeemed coupons $$857,400322,190What amount should Ivanhoe report as a liability for unredeemed coupons at December 31, 2025?243,6943. Shamrock Company sold 743,600 boxes of pie mix under a new sales promotional program. Each box contains one coupon, whichsubmitted with $4.30, entitles the customer to a baking pan. Shamrock pays $6.30 per pan and $0.80 for handling and shipping.Shamrock estimates that 70% of the coupons will be redeemed, even though only 245,500 coupons had been processed during 2025.What amount should Shamrock report as a liability for unredeemed coupons at December 31, 2025?Liability for unredeemed coupons at December 31, 2025 $2,549,432

Ivanhoe Inc.:Total face amount of coupons issued: $857,400Total payments to retailers as of…

What amount should Ivanhoe report as a liability for unredeemed coupons at December 31, 2025? Liability for unredeemed coupons $ 243,694 3. Shamrock Company sold 743,600 boxes of pie mix under a new sales promotional program. Each box contains one coupon, which submitted with $4.30, entitles the customer to a baking pan. Shamrock pays $6.30 per pan and $0.80 for handling and shipping. Shamrock estimates that 70% of the coupons will be redeemed, even though only 245,500 coupons had been processed during 2025. What amount should Shamrock report as a liability for unredeemed coupons at December 31, 2025? Liability for unredeemed coupons at December 31, 2025 $ 2,549,432 BOO