Ace Sporting Goods is offering the following in-store rewards program as follows. The program runs from January 1, 2025 through December 31, 2025. Rewards are provided on January 1, 2026. Category Purchase Volume Rebate A. Up to $50,000 0 B. $50,001 - $100,000 1% C. $100,001 - $200,000 2% D. $200,001 and above 5% Sales revenue for 2025 were $10 million, of which 30% fell into Category A, 20% in Category B, 40% in Category C, and 10% in Category D. Rebates provided to customers were $100,000. Ace expects that rewards redeemed will be 95%. What amount should Ace report as a rebate liability at December 31, 2025