In packages of its products, Ivanhoe Inc. includes coupons that may be presented at retail stores to obtain discounts on other

Ivanhoe products. Retailers are reimbursed for the face amount of coupons redeemed plus $10\%$ of that amount for handling costs.

Ivanhoe honors requests for coupon redemption by retailers up to $3$ months after the consumer expiration date. Ivanhoe estimates

that $60\%$ of all coupons issued will ultimately be redeemed. Information relating to coupons issued by Ivanhoe during $2025$ is as

follows.

What amount should Ivanhoe report as a liability for unredeemed coupons at December $3,2025?$

Liability for unredeemed coupons $

Shamrock Company sold $691,800$ boxes of pie mix under a new sales promotional program. Each box contains one coupon, which

submitted with $$4\mathrm{.}20,$ entitles the customer to a baking pan. Shamrock pays $$6\mathrm{.}20$ per pan and $$0\mathrm{.}70$ for handling and shipping.

Shamrock estimates that $70\%$ of the coupons will be redeemed, even though only $269,600$ coupons had been processed during $2025.$

What amount should Shamrock report as a liability for unredeemed coupons at December $31,2025?$

Liability for unredeemed coupons at December $31,2025$