General Product Incorporated distributed 130 million coupons in 2024 . The coupons are redeemable for 40 cents each. General anticipates that 60% of the coupons will be redeemed. The coupons expire on December 31,2025 . There were 51 million coupons redeemed in 2024 and 32 million redeemed in 2025. General recognizes coupon expense in the period coupons are issued. What was General's coupon promotional expense in 2025? Multiple Choice $12.80 million $2.00 million $10.80 million Zero, since the entire coupon expense was recognized in 2024