Multiple Choice Question 121 A company offers a cash rebate of $2 on each $6 package of batteries sold during 2018. Historically, 9% of 175000 $2 rebates shown on the 2018 financial statements dated December 31? customers mail in the rebate form. During 2018, 6400000 packages of batteries are sold, and are mailed to customers. What is the rebate expense and liability, respectively, $ 1152000; $ 1152000 0 $ 1152000; $ 802000 O $ 802000; $802000 o $350000; $802000