Marigold Corp. has a rewards program whereby customers get 1 point for every $11 spent on groceries. Each point is redeemable for a $1 discount toward the future purchase of groceries. During the month of May, Marigold sells goods worth $51700 and consequently rewards customers 4700 points. Based on past history, Marigold estimates that 80% of the rewards will be redeemed. Therefore, it is expected that 3760 points will be redeemed with a stand-alone value of $3760. A portion of the $51700 of sales is to be allocated to the rewards program based on the total stand-alone value of $55460($51700+$3760). What is the revenue allocation for the current sales? $3505$51700$55460$48195 Which component in the conceptual framework arises from an increase in assets or a decrease in liabilities, other than those relating to contributions of owners? assets expenses liabilities revenues