Exercise 8-10 (Algo) Analyze and record deferred revenues (LO8-4) Orange sells gift cards in $15, $25, and $50 increments. Assume Orange sells $20.1 million in iTunes gift cards in November, and customers redeem $13.1 million of the gift cards in December. Required: 1. & 2. Record the necessary entries in the Journal Entry Worksheet below. 3. What is the ending balance in the Deferred Revenue account? Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 What is the ending balance in the Deferred Revenue account? (Enter your answer in dollars, not in millions. (i.e. 5.5 million should be entered as 5,500,000).) Ending balance