Exercise 13-12 Flint Company includes 1 coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil). In 2017, Flint Company purchased 9,700 premiums at 85 cents each and sold 1 13 000 boxes of soa powder at $3.60 per box; 48 200 coupons were presented for reden tion in 2017 t s estimated that 60 of the coupons will event a bepresented for redemption. Prepare all the entries that would be made relative to sales of soap powder and to the premium plan in 2017. (If no entry is required, select "No Entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit To record the premiurm invenitory) To record the sales) To record the expense associated with the sale) To record the premium liability)