Fuller Food Company distributes coupons which may be presented (on or before a stated expiration date) to grocers. The grocers are reimbursed when they send the coupons to Fuller. In Fuller's experience, 50% of such coupons are redeemed, and generally one month elapses between the date a grocer receives a coupon from a consumer and the date Fuller receives it. During 2016 Fuller issued two separate series of coupons as follows: Issued On 1/1/16 7/1/16 Total Value $720,000 500,000 Consumer Expiration Date 6/30/17 Amount Disbursed as of 12/31/16 $300,000 12/31/16 190,000 The December 31, 2016 balance sheet should indicate a liability for unredeemed coupons of: Select one: a. $730,000 Ob. $60,000 c. $124,000 d. $120,000 Oe: $365,000 Clear my choice