Aaron Company includes 1 coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil). In 2024, Aaron Company purchased 8,800 premiums at 90 cents each and sold 120,000 boxes of soap powder at $3.30 per box It is estimated that 40% of the coupons will eventually be presented for redemption 44,000 coupons were presented for redemption in 2024. Premium Expense for 2024 is O a $360 Ob $15,040 O $158,400 Od $4.320 Oe. $3,600