Question 111 pts Promotional expense related to premiums for the current year 2016 is Group of answer choices 2,937,600 2,505,600 1,632,000 1,392,000 Question 121 pts Estimated liabilities for premiums as of December 31, 2016 is Group of answer choices 1,829,600 2,021,600 716,000 1,589,600 Question 131 pts Estimated liabilities for warranties as of December 31, 2016 is Group of answer choices 2,624,000 3,872,000 4,320,000 5,312,000 10. Xoiswa Company manufactures a product that is packaged and sold. A plate is offered to customers sending in three wrappers accompanied by a remittance of P10. Data with respect to the premium offer are summarized below: 2018 2019 Sales 3,600,000 4,200,000 Purchase of premium, P50 per plate 390,000 580,000 Number of plates distributed as premiums 5,000 9,000 Estimated number of plates to be distributed in next period 2,000 3,000 Distribution cost P20 per plate What is the premium expense for 2019? Group of answer choices 400,000 700,000 720,000 600,000