Teal Mountain's Sports Store has a customer loyalty program in which it issues points to customers for every cash purchase that can be applied to future purchases. For every dollar spent, a customer receives three points. Each point is worth one cent. There is no expiry date on the points. Teal Mountain's estimates that 45% of the points issued will eventually be redeemed. Teal Mountain's has a December 31 year end. The program was started in 2023. During 2023, 1,200,000 points were issued. Sales for 2023 were $400,000. In 2024, 1,500,000 points were issued. Total sales for 2024 were $500,000. (a) What is the stand-alone value of the points issued in 2023 ? In 2024 ? 20232024$$ Attempts: 0 of 1 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above