Carla Vista Trading Stamp Co. records stamp service revenue and provides for the cost of redemptions in the year stamps are sold to licensees. Carla Vista's experience indicates that only 75% of the stamps sold to licensees will be redeemed. Carla Vista's liability for stamp redemptions was $7570000 at December 31, 2025. Additional information for 2026 is as follows: If all the stamps sold in 2026 were presented for redemption in 2027 , the redemption cost would be $4510000. What amount should Carla Vista report as a liability for stamp redemptions at December 31, 2026? $5992500$7120000$12530000$8630000