Unanswered Question 4 0/2 pts Genesis Company includes one detachable coupon in each price tag of jersey shirts it sells. A set of Nike baller bands is offered as a premium to customers who send in two coupons and a remittance of P40. Data for the premium offer are: 2019 2020 Number of jersey shirts sold 35,000 40,000 Set of baller bands purchased (P200 per set) 6,500 8,500 Coupons redeemed 12,000 14,000 Genesis Company's experience indicates that only 40% of the coupons will be redeemed. How much is the premium expense during the year?