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Wynn Company offers a set of building blocks to customers who send in 3 UPC codes from Wynn cereal, along with 65. The block sets

Wynn Company offers a set of building blocks to customers who send in 3 UPC codes from Wynn cereal, along with 65. The block sets cost Wynn $1.45 each to purchase and 85 each to mail to customers. During 2014, Wynn sold 1,374,000 boxes of cereal. The company expects 30% of the UPC codes to be sent in. During 2014, 137,400 UPC codes were redeemed. Prepare Wynns December 31, 2014, adjusting entry

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