IndigoCompany offers a set of building blocks to customers who send in 3 UPC codes fromIndigocereal, along with40. The block sets costIndigo$0.90each to purchase and70 each to mail to customers. During 2020,Indigosold1,452,000boxes of cereal. The company expects 30% of the UPC codes to be sent in. During 2020,145,200UPC codes were redeemed. PrepareIndigo's December 31, 2020, adjusting entry.(If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)