2-18 Susan Company participates in a customer loyalty program operated by an airline in which customers earn air travel points when they purchase goods from the entity. The air travel points can be redeemed for free air travel. The entity pays the airline P50 per air travel point and considers that the fair value of the air travel point is P60. During the current year, Susan Company sold goods for P5,000,000 and granted 5,000 points. Produce all indicated entries for the current year on the books of the entity in connection with the customer loyalty program of the airline under the following assumptions: A.The entity is the principal in the transaction B.The entity is an agent of the airline