Walrus Wares is a retail store operating in a state with a 7% sales tax. The retailer may keep 2% of the retail tax in the Sales Revenue sales tax collected. Walrus wares records the sales account at the time of sales. The amount recorded in the Sales Revenue accounting during May was $754, 350. The amount of sales tax payable (to the nearest dollar) the month to the state for of May is $37, 719. $48, 363. $62, 286. $51, 750. Dinah Co. includes one coupon with each container of cat food it sells. In return for eight coupons, customers receive a cat food bowl. The bowls cost $3 each. Dinah estimates that 40% of the coupons will be redeemed. Data for 2020 is as follows: Containers of cat food sold 500,000 Bowls purchased 18,000 Coupons redeemed 120,000 The premium expense for 2020 is $37, 500. $45,000. $52, 500. $75,000