Crane Candy Company offers a coffee mug as a premium for every ten $1 candy bar wrappers presented by customers together with $2. The purchase price of each mug to the company is $2.40; in addition it costs $1.60 to mail each mug. The results of the premium plan for the years 2020 and 2021 are as follows (assume all purchases and sales are for cash): 2020 2021 Coffee mugs purchased 700.000 810,000 Candy bars sold 5,700,000 6.800,000 Wrappers redeemed 2.600.000 4.250.000 2020 wrappers expected to be redeemed in 2021 1.900,000 2021 wrappers expected to be redeemed in 2022 2.690.000 Part 1 Prepare the general journal entries that should be made in 2020 and 2021 related to the above plan by Crane Candy. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit 2020 (To record purchase of coffee mugs) 2020 (To record sale of candy bars) 2020 (To record coffee mugs offered for wrappers redeemed) 2020 (To record liability against expected redemption of wrappers) 2021 (To record purchase of coffee mugs) 2021 (To record sale of candy bars) 2021 (To record coffee mugs offered for wrappers redeemed) 2021 (To record liability against expected redemption of wrappers)