Roland company sold 659,600 boxes of pie mix under a new sales promotion program. Each box contains one coupon, which when submitted with $4.20, entitles the customer to a baking pan. Roland pays $6.20 per pan and $0.70 for handling and shipping. Roland estimates that 70% of the coupons will be redeemed, even though only 259,200 coupons had been processed during 2014. What amount should Roland report as a liability for unredeemed coupons at December 31, 2014