Question 12 3.34 pts Wilson Cafeteria issues gift cards, which are very popular in the small town where the restaurant is located. In a recent month, Wilson issued $4,000 in gift cards. Experience indicates that 80 percent of the cards will be redeemed before they expire. What is the entry to record the estimated gift card expense? O Gift Card Expense 4,000 Gift Card Payable 4,000 Expense for month O Gift Card Payable Gift Card Expense Expense for month Gift Card Expense Gift Card Payable Expense for month x ($4,000 80%) 4,000 4,000 3,200 3,200 Gift Card Payable 3,200 Gift Card Expense 3,200 Expense for month ($4,000 80%)