Question:

I have attempted this question twice and can not figure out the correct answer. I have attached both of my wrong answers below, please assist me in finding the correct answer. Thank you!

The store sold 24 gift cards for $100 per card. At year-end, 19 of the gift cards are redeemed. Grouper expects three of the cards to expire unused. Dec. 1-31 Unearned Gift Card Revenue \begin{tabular}{|r|} \hline 2200 \\ \hline \end{tabular} Sales Revenue Sales Revenue (Breakage) (To record redemption and expected breakage revenue) \begin{tabular}{ll|} \hline \hline Dec. 31 \\ \hline \hline \end{tabular} Unearned Gift Card Revenue 2400 Sales Revenue Sales Revenue (Breakage) (To record redemption and expected breakage revenue)