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Marigold Trading Stamp Co. records stamp service revenue and provides for the cost of redemptions in the year stamps are sold to licensees. Marigold's past experience indicates that only 85% of the stamps sold to licensees will be redeemed. Marigold's liability for stamp redemptions was $7530000 at December 31, 2020. Additional information for 2021 is as follows: Stamp service revenue from stamps sold to licensees Cost of redemptions $6050000 4980000 If all the stamps sold in 2021 were presented for redemption in 2022, the redemption cost would be $4470000. What amount should Marigold report as a liability for stamp redemptions at December 31, 2021? O $12510000 $6349500 $8600000 O $7020000