Mott Co. includes one coupon in each bag of dog food it sells. In return for eight coupons, customers receive a leash. The leashes cost Mott $2.00 each. Mott estimates that 40 percent of the coupons will be redeemed. Data for 2014 and 2015 are as follows: 2014 2015 Bags of dog food sold 600,000 500,000 Leashes purchased 20,000 18,000 Coupons redeemed 120,000 160,000 1- The premium expense for 2014 is $.............. 2- The premium expense for 2015 is $.............. 3- The premium liability at December 31, 2014 is.$............ 4- The premium liability at December 31, 2015 is.$............ 5- The premium Inventory at December 31, 2014 is $..... 6- The premium Inventory at December 31, 2015 is $.....