- /20 = Question 5 of 6 View Policies Current Attempt in Progress Coronado offers an MP3 download (seven-single medley) as a premium for every 6 candy bar wrappers presented by customers together with $2.85. The candy bars are sold by the company to distributors for 30 cents each. The purchase price of each download code to the company is $2.60. In addition, it costs 50 cents to distribute each code. The results of the premium plan for the years 2020 and 2021 are as follows. (All purchases and sales are for cash.) 2020 2021 300,000 MP3 codes purchased 396,000 3.180,800 2.948.900 Candy bars sold Wrappers redeemed 1.440.000 1.800.000 2020 wrappers expected to be redeemed in 2021 348,000 420.000 2021 wrappers expected to be redeemed in 2022 Account Titles and Explanation Debit Credit Credit 2020 (To record the premium inventory.) (To record the sales.) (To record the expense assodated with the sale.) (To record the premium liability.) 2021 2021 (To record the premium inventory.) (To record the sales.) (To record the expense associated with the sale.) (To record the premium liability.)