Question 24 Not yet answered points out of Paws Co, includes one coupon in each bag of dog food itsells in return for eight coupons, customers receive a leash. The leashes cost Paws $3 each Paws estimates that 45 percent of the coupons will be redeemed. Data for the current year is as follows: Prag question Bags of Dog Food Sold Leashes purchased Coupons Redeemed 500,000 18,000 120,000 The premium liability at December 31s Select one: a $37,500 O b. $54,000 Oc$45,000 Od $39,375 e None of these choices