Westfort Coffee offers a Loyalty program for frequent buyers of their drinks. Any customer who uses their loyalty card will get a credit of $0.05 for every $1.00 they spend. In 2019, customers with loyalty cards spent $30,000. Westfort Coffee also knows that 5% of all loyalty card users do not use their points.

Based on the above information, how much should Westfort Coffee show as a liability? Show your calculations.