Shine Company offers a coffee mug as a premium for every ten P2.50 candy bar wrappers presented by customers together with P10.00. The purchase price of each mug to the company is P8.00, in addition, it costs P5.00 to mail each mus. The results of the premium plan for the years 2018 and 2019 are as follows assume purchases and sales are for cashl: 2018 2019 Coffee mugs purchased 480,000 400,000 Candy bars sold 3,750,000 4 500,000 Wrappers redeemed 1.900.000 2.800.000 2018 wrappers expected to be redeemed in 2019 1.300.000 2019 wrappers expected to be redeemed in 2020. 1.800.000 What is the amount of premium exponse to be recognized in 2019