Feathered Depot sold $57,750$ of gift cards during the current year, and recieved cash. Feathered uses the proportional method for accounting for gift card breakage. Based on historical experience, it estimates a breakage percentage of $6\%$ of its gift cards sales. During the year, customers redeemed $45,900$ of girft cards, purchasing inventory costing $28,200$ the company uses a perpetual inventory system.

A$)$ First, record the journal entry for gift card sales

B$)$ Now, prepare the journal entry when the gift cards are redeemed. Do not record the expense related to the sale. We will do that in the following step.

C$)$Next$,$ record the journal entry for expense related to gift cards.

D$)$Now$,$ prepare the journal entry to record the breakage revenue. It estimates a breakage percentage of $6\%.($Round percentage calculations to the nearest whole percent, X$\%,$ and round your final answer to the nearest whole dollar.$)$

E$)$What is the$$ end$-$of$-$year liability for gift cards if the liability for gift cards was $ $15,400$ at the beginning of the$$ year?