Bramble Frosted Flakes Company offers its customers a pottery cereal bowl if they send in 3 boxtops from Bramble Frosted Flakes boxes and $1. The company estimates that 60% of the boxtops will be redeemed. In 2021, the company sold 1348000 boxes of Frosted Flakes and customers redeemed 630000 boxtops receiving 210000 bowls. If the bowls cost Bramble Company $3 each, how much liability for outstanding premiums should be recorded at the end of 2021? 295200 539200 $ 119200 178800