ackpine Trading Stamp Co$.$ records trading stamp revenue and provides for the cost of redemptions in the year stamps are sold. Jackpine's past experience indicates that only $75\%$ of the stamps sold will be redeemed. Jackpine's liability for stamp redemptions was $$3,000,000$ at December $31,2022.$ Additional information for $2023$ is as follows:

Stamp revenue from stamps sold to licensees $$2,000,000$

Cost of redemptions for stamps sold prior to $20231,350,000$

If all the stamps sold in $2023$ were presented for redemption in $2023,$ the redemption cost would be $$1,000,000.$ What amount should Jackpine report as a liability for stamp redemptions at December $31,2023?$

Question $3$ options:

A$)$

$$3,750,000$

B$)$

$$2,650,000$

C$)$

$$2,400,000$

D$)$

$$1,650,000$