Which contingent item(s) are accrued? Select one: a. Probable Gains and Probable Losses b. Probable Gains, but not Probable Losses c. Probable Losses, but not Probable Gains d. Neither Probable Gains nor Probable Losses Kellogg Company offers its customers a cereal bowl if they send in 4 cereal boxtops and $1.00. The company estimates that 70% of the boxtops will be redeemed. In 2024 , the company sold 720,000 boxes and customers redeemed 380,000 boxtops, receiving 95,000 bowls. The bowls cost Kellogg $2.25 each. Premium Expense for 2024 is: Select one: a. $126,000 b. $62,500 c. $210,000 d. $157,500 e. $283,500