24 A company offered a cash rebate of 10% on each of the 600,000 packages of batteries it sold during 2020. The price per package was $4. Historically the company receives rebate forms for 50% of the packages they sell. During 2020, the company paid $51,000 in rebates to customers. Consequently the Rebate Expense and Liability for Rebates old be reported on the financial statements for 2020 are: Rebate Expense Liability for Rebates $ 69,000 OA. $120,000 O B. 240,000 OC. 600,000 O D. 240,000 189,000 549,000 69,000