Rombauer Inc. gathered the following information related to its gift card sales for 2020, its first year of selling gift cards:

Sales of nonrefundable gift cards, 2020 $55,000

Gift card redemptions, 2020 $20,000

Gift Card redemptions, 2021 $15,000

Rombauer Inc. estimates that 80% of the value of the total of gift cards sold in 2020 will be redeemed while 20% will remain unclaimed.

Under the proportional method, what would Rombauer recognize for gift card breakage revenue in 2020 and 2021, respectively?

Group of answer choices:

2020: $0, 2021: $0

2020: $6,286, 2021: $11,000

2020: $4,000, 2021: $3,000

2020: $4,000, 2021: $7,000

2020: $6,286, 2021: $4,714