For the year ended December 31, 2025, Davidson Mart had sales of $450,000 and cost of goods sold of $337,500. Davidson estimates that approximately 4% of the merchandise sold will be returned. The adjusting journal entry on December 31, 2025, would include a A. debit to Sales Revenue for $4,500 B. credit to Estimated Returns Inventory for $13,500 C. credit to Refunds Payable for $18,000 D. debit to Cost of Goods Sold for $13,500