Deferred Revenue, which represents the company$$s obligation to honor gift cards previously issued to customers, totaled $$7,400$ at the beginning of the year and $$11,300$ at the end of the year. Customers purchased gift cards amounting to $$61,000$ during the year. What was the amount of gift cards redeemed by customers during the year?

Multiple Choice

$$42,300$

$$79,700$

$$64,900$

$$57,100$