Pronghorn Company includes one coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil). In 2020, Pronghorn Company purchased 8,400 premiums at 80 cents each and sold 107,000 boxes of soap powder at $3.20 per box; 46,700 coupons were presented for redemption in 2020 . It is estimated that 60% of the coupons will eventually be oresented for redemption. Prepare all the entries that would be made relative to sales of soap powder and to the premium plan in 2020 . (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)