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Question 1 Flint Company offers a set of building blocks to customers who send in 3 UPC codes from Flint cereal, along with 60. The

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Question 1 Flint Company offers a set of building blocks to customers who send in 3 UPC codes from Flint cereal, along with 60. The block sets cost Flint $1.00 each to purchase and 50 each to mail to customers. During 2017, Flint sold 1,008,000 boxes of cereal. The company expects 30% of the UPC codes to be sent in. During 2017, 100,800 UPC codes were redeemed. Prepare adjusting entry for Flint's December 31, 2017, (want typed answer)

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