2. In packages of its products, Sunland Inc. includes coupons that may be presented at retail stores to obtain discounts on other Sunland products. Retailers are reimbursed for the face amount of coupons redeemed plus 10% of that amount for handling costs. Sunland honors requests for coupon redemption by retailers up to 3 months after the consumer expiration date. Sunland estimates that 60% of all coupons issued will ultimately be redeemed. Information relating to coupons issued by Sunland during 2020 is as follows. Consumer expiration date Total face amount of coupons issued 12/31/20 $864,800 Total payments to retailers as of 12/31/20 349.560 What amount should Sunland report as a liability for unredeemed coupons at December 31, 2020? Liability for unredeemed coupons B. Coronado Company sold 692,800 boxes of pie mix under a new sales promotional program. Each box contains one coupon, which submitted with $4.20, entitles the customer to a baking pan. Coronado pays $6.20 per pan and $0.70 for handling and shipping. Coronado estimates that 70% of the coupons will be redeemed, even though only 246,400 coupons had been processed during 2020. What amount should Coronado report as a liability for unredeemed coupons at December 31, 2020? Liability for unredeemed coupons at December 31, 2020 $