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4. Kyle Koffee Co. offers a coffee mug to customers who send in three UPC labels from its Kyle Koffee vacuum packs of coffee along
4. Kyle Koffee Co. offers a coffee mug to customers who send in three UPC labels from its Kyle Koffee vacuum packs of coffee along with $2.00. The mug costs $1.75 each to purchase and $1.10 each to mail to customers. During 2018, Kyle Koffee Co. sold 800,000 vacuum packs. The company expects 40% of the UPC labels to be sent in. During 2018, 156,000 UPC labels were redeemed. Prepare Kyle Koffee's December 31, 2018 adjusting entry
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