Assignment

1 ACCOUNTS PAYABLE 1,250,000
ADVANCES FROM CUSTOMERS 200,000

SERIAL BONDS FOR 1 YEAR 1,000,000
ACCRUED INTEREST ON BONDS PAYABLE 150,000
UNEARNED RENT INCOME 100,000
CURRENT LIABILITIES 2,700,000
2 TRADE PAYABLE 3,000,000

NOTE PAYABLE-BANK 2,000,000
ADVNACES FROM OFFICERS 500,000
BANK OVERDRAFTS 4,000,000
DIVIDENDS PAYABLE 1,000,000
WITHOLDING TAX PAYABLE 100,000
INCOME TAX PAYABLE 800,000
ESTIMATED WARRANTY LIABILITY 600,000
DAMAGES FOR BREACH OF CONTRACT 700,000
ACCRUED LIABILITIES 900,000
ESTIMATED PREMIUM LIABILITY 200,000
3 9% NOTE PAYABLE CLASSIFIED AS CURRENT SINCE IT WILL MATURE IN THE SUC

8% NOTE PAYABLE CLASSIFIED AS CURRENT SINCE THE CREDITOR HAS THE UNC
10% NOTE PAYABLE CLASSIFIED AS NONCURRENT SINCE THE CREDITOR PROVIDE
11% NOTE PAYABLE CLASSIFIED AS CURRENT SINCE REFINANCING ONLY OCCURR

10% NOTE PAYABLE ON DEMAND 3,000,000
MORTAGE PAYABLE 2,000,000
INTEREST PAYABLE 150,000
BONDS PAYABLE 4,000,000

ACCRUED EXPENSES 1,500,000
CREDIT BALANCES FROM CUSTOMER'S ACCOUNT 500,000
ESTIMATED COUPON LIABILITY 600,000
CURRENT LIABILITIES 6,700,000 A
7 12% NOTE PAYABLE 5,000,000 B

BANK NOTE PAYABLE 600,000
MORTAGE NOTE PAYABLE 1,200,000
UNEARNED RENT REVENUE 250,000
CURRENT LIABILITIES 3,550,000 B
11 NOTE PAYABLE 2,000,000
REFINANCED PORTION (NON-CURRENT) 1,200,000
NON-REFINANCED PORTION (CURRENT) 800,000 C
13 JAN 1, UNEARNED REVENUE 600,000

CASH RECEIPT DURING THE YEAR 980,000
TOTAL UNEARNED REVENUE FOR THE YEAR 1,580,000
SERVICE CONTRACT REVENUE RECOGNIZED 860,000
DEC 31, UNEARNED REVENUE 720,000 D
15
SALES PRICE PER CONTRACT 600
CONTRACTS SOLD 1,000
TOTAL REVENUE 600,000
1 TOTAL REVENUE 600,000

UNEARNED REVENUE 480,000
EARNED REVENUE 120,000 A
2 TOTAL REVENUE 600,000

REVENUE EARNED 120,000
UNEARNED REVENUE 480,000 B
3 REMAINING HALF OF THE FIRST CONTRACT YEAR 120,000

FIRST HALF OF THE SECOND CONTRACT YEAR 180,000
REVENUE RECOGNIZED 300,000 C
4 REMAINING HALF OF THE SECOND CONTRACT YEAR 180,000
17 JAN 1, UNEARNED REVENUE 1,500,000
CASH RECEIPTS FOR THE YEAR 7,200,000

DIVIDE 12
PER MONTH REVENUE 600,000
3 MONTHS REMAINING 3
YEAR-END UNEARNED REVENUE 1,800,000 A
19
1 NET SALES FROM 2022 400,000
SUBSCRIPTION EXPIRATION (2022) (120,000)
UNEARNED REVENUE 2022 SALES 125,000
NET SALES FROM 2023 470,000

UNEARNED REVENUE 2023 SALES 340,000
YEAR-END UNEARNED REVENUE 465,000 C
2 SUBSCRIPTION EXPIRATION (2023) OF 2022 SALES 155,000

SUBSCRIPTION EXPIRATION (2023) OF 2023 SALES 130,000
EARNED REVENUE 285,000 C
21 BEGINNING REFUNDABLE DEPOSITS 330,000

REFUNDABLE DEPOSITS 700,000
REFUNDED DEPOSITS 410,000
FORFEITED DEPOSITS 25,000
YEAR-END REFUNDABLE DEPOSITS 595,000 A
23 INITIAL PAYMENT 990,000

EARNED MONTHS 330,000
UNEARNED REVENUE 660,000 C
25 INCOME BEFORE BONUS AND TAX 4,300,000 A
27 1 D
2 B
3 B
4 C
5 D
6 B
7 A
8 C
9 D
10 C
29 1 C
2 D
3 A
4 B
5 B
LL MATURE IN THE SUCCEEDING YEAR
CREDITOR HAS THE UNCONDITIONAL RIGHT TO CALL IT BY THE SUCCEEDING YEARS, NOTWITHTANDING ITS UNLIKELY CHANCES
THE CREDITOR PROVIDED A GRACE PERIOD ON THE ACCOUNTING PERIOD FOR THE ENTITY TO RECTIFY SUCH BREACH
NANCING ONLY OCCURRED AFTER THE END OF REPORTING PERIOD
LIKELY CHANCES
1
2,022 CASH 3,600,000
SALES 3,600,000
PREMIUM- PLATES 390,000

CASH 390,000
CASH 50,000
PREMIUM EXPENSE 200,000

CASH 100,000

2,023 CASH 4,200,000

SALES 4,200,000

CASH 580,000
CASH 90,000

CASH 180,000

2
2,022 CASH 2,500,000
SALES 2,500,000
PREMIUM- TOWELS 175,000

CASH 175,000
CASH 20,000

CASH 5,000
2,023 CASH 3,125,000

SALES 3,125,000

CASH 200,000
CASH 36,000

CASH 9,000

2,022 2,023
CURRENT ASSET:
PREMIUM-TOWELS 75,000 20,000
CURRENT LIABILITY:
ESTIMATED PREMIUM LIABILITY 48,000 64,000
SELLING EXPENSE:
PREMIUM EXPENSE 133,000 217,000
3 CASH 3,600,000
SALES 3,600,000
PREMIUM- BALLPOINT 900,000

CASH 900,000
CASH 40,000
PREMIUM- BALLPOINT 720,000

CASH 30,000


CASH 150,000
ESTIMATED LIABILITY 10,000

CAPS REDEEMED 8,000
4 CASH 30,000,000
SALES 30,000,000
PREMIUM- BASKETBALL 4,125,000

CASH 4,125,000
PREMIUM EXPENSE 3,000,000

PREMIUM- BASKETBALL 3,000,000
PREMIUM EXPENSE 1,500,000

ESTIMATED PREMIUM LIABILITY 1,500,000

CAPS REDEEMED 4,000
1 SETS SOLD 1,000

DIVIDE: 4 4
250
MULTIPLY: SELLING PRICE PER SET 3,000
PRICE ON COUPON 750,000
ESTIMATED COUPONS REDEEMED 0.80
STAND-ALONE SELLING PRICE-COUPONS 600,000
ALLOCATION
2 SALES 3,000,000 2,500,000
COUPONS 600,000 500,000
3,600,000 3,000,000
3
2,022 CASH 3,000,000
SALES 2,500,000
DEFERRED REVENUE-COUPONS 500,000
2,023 DEFERRED REVENUE-COUPONS 225,000

SALES 225,000
4 DEFERRED REVENUE-COUPONS 500,000

LESS: REDEMPTION 225,000
YEAR-END DEFERRED REVENUE-COUPONS 275,000
6
1 BOXES SOLD 15,000
DIVIDE: 3 3
5,000
MULTIPLY: SELLING PRICE PER BOX 500
PRICE ON COUPON 2,500,000
ESTIMATED COUPONS REDEEMED 0.60
STAND-ALONE SELLING PRICE-COUPONS 1,500,000
ALLOCATION
2 SALES 7,500,000 6,250,000
COUPONS 1,500,000 1,250,000
9,000,000 7,500,000
3 CASH 7,500,000
SALES 6,250,000
DEFERRED REVENUE-COUPONS 1,250,000
4 DEFERRED REVENUE-COUPONS 1,000,000

SALES 1,000,000
7
1 ESTIMATED AVERAGE PRICE PURCHASES 15,000
COUPONS SOLD 100
AMOUNT OF FUTURE PURCHASES 1,500,000
DISCOUNT ON COUPONS 0.30
450,000
ESTIMATED REDEMPTION 0.80
2 ALLOCATION
SALES 3,240,000 2,916,000
COUPONS 360,000 324,000
3,600,000 3,240,000
3 CASH 3,240,000
SALES 2,916,000
CASH 840,000
SALES 1,164,000
AMOUNT OF FUTURE PURCHASES 1,500,000

DISCOUNT 450,000
NET PRICE 1,050,000
ESTIMATED REDEMPTION 80%
CASH RECEIVED 840,000
8
1 ESTIMATED AVERAGE PRICE PURCHASES 5,000
COUPONS SOLD 100
AMOUNT OF FUTURE PURCHASES 500,000
DISCOUNT ON COUPONS 0.40
200,000
2 ALLOCATION
SALES 1,860,000 1,729,800
COUPONS 140,000 130,200
2,000,000 1,860,000
3 CASH 1,860,000
SALES 1,729,800
4 CASH 840,000
SALES 1,164,000
AMOUNT OF FUTURE PURCHASES 500,000

DISCOUNT 200,000
NET PRICE 300,000
CASH RECEIVED 210,000
9
1 PRICE PER COUPON 100
COUPONS SOLD 8,000
VALUE OF COUPONS 800,000
PERCENT OF EXPECTED REDEMPTION 0.75
2 ALLOCATION
SALES 4,400,000 3,872,000
COUPONS 600,000 528,000
5,000,000 4,400,000
3 CASH 4,400,000
SALES 3,872,000
REBATE LIABILITY 528,000

CASH 250,000
4 REBATE LIABILITY-BEGINNING 528,000

REDEMPTION 250,000
YEAR-END REBATE LIABILITY 278,000
10
1 PRICE PER COUPON 20
COUPONS SOLD 10,000
VALUE OF COUPONS 200,000
2 ALLOCATION
SALES 640,000 512,000
COUPONS 160,000 128,000
800,000 640,000
3 CASH 640,000
SALES 512,000

CASH 50,000
11
1 SALES 2,500,000
PERCENT OF NON-REDEMPTION 0.05
EXPECTED VALUE OF BREAKAGE 125,000
2 SALES 2,500,000
BREAKAGE 125,000
EXPECTED VALUE OF GIFT CERTIFICATES TO BE REDEEMED 2,375,000
3 REDEEMED 1,425,000
EXPECTED VALUE OF BREAKAGE 125,000
BREAKAGE REVENUE 75,000
4 CASH 2,500,000
DEFERRED REVENUE-GIFT CERTIFICATES 1,425,000
SALES 1,425,000
DEFERRED REVENUE-GIFT CERTIFICATES 75,000

12
1 SALES 8,000,000
PERCENT OF NON-REDEMPTION 0.15
EXPECTED VALUE OF BREAKAGE 1,200,000
2 SALES 8,000,000
BREAKAGE 1,200,000
3 REDEEMED 2,975,000
EXPECTED VALUE OF BREAKAGE 1,200,000
4 CASH 8,000,000

SALES 2,975,000

BREAKAGE REVENUE 1,200,000
.
13
2,022 CASH 7,000,000
SALES 6,125,000
UNEARNED REVENUE-COUPONS 875,000
ALLOCATION
SALES 7,000,000 6,125,000
COUPONS 1,000,000 875,000
8,000,000 7,000,000

SALES 525,000
POINTS REDEEMED 4,800

POINTS EXPECTED TO BE REDEEMED 8,000
EARNED REVENUE 525,000
2,023
UNEARNED REVENUE-COUPONS
SALES
POINTS REDEEMED ON 2022 4,800

CUMULATIVE EARNED REVENUE 700,000
EARNED REVENUE ON 2022 525,000
14
2,022 CASH 7,000,000
SALES 6,125,000
ALLOCATION
SALES 7,000,000 6,125,000
COUPONS 1,000,000 875,000
8,000,000 7,000,000

SALES 196,875
POINTS REDEEMED 15,000

EARNED REVENUE 328,125
2,023
SALES 144,375

2,024
SALES 52,500
2,025
SALES 262,500

15
1 PREMIUM EXPENSE FROM DISTRIBUTION 160,000
YEAR-END PREMIUM LIABILITY 224,000
PREMIUM EXPENSE FOR THE YEAR 384,000 B
PREMIUMS EXPECTED TO BE REDEEMED 19,200

PREMIUMS REDEEMED 8,000
YEAR-END PREMIUMS 11,200
PRICE PER PREMIUM 20
2 YEAR-END PREMIUM LIABILITY 224,000 B
17
1 PREMIUM EXPENSE FROM DISTRIBUTION 4,500,000
YEAR-END PREMIUM LIABILITY 1,500,000
PREMIUM EXPENSE FOR THE YEAR 6,000,000 A
PREMIUMS EXPECTED TO BE REDEEMED 400,000

YEAR-END PREMIUM LIABILITY 1,500,000
2 YEAR-END PREMIUM LIABILITY 1,500,000 B
19
PREMIUM EXPENSE FOR THE YEAR 2,700,000 D
2 PREMIUMS EXPECTED TO BE REDEEMED 60,000

YEAR-END PREMIUM LIABILITY 900,000 D

PREMIUM EXPENSE FOR THE YEAR 3,375,000 C
4 PREMIUMS EXPECTED TO BE REDEEMED 75,000

YEAR-END PREMIUM LIABILITY 2023 225,000
YEAR-END PREMIUM LIABILITY 2022 900,000
YEAR-END PREMIUM LIABILITY 1,125,000 C
21
1 FREE BOXES OFFERED 10,000
PRICE PER BOX 200
TOTAL COUPON AMOUNT 2,000,000
STAND-ALONE SELLING PRICE PER BOX 1,500,000 A
2
ALLOCATION
SALES 6,000,000 4,800,000
COUPONS 1,500,000 1,200,000
7,500,000 6,000,000
3 SALES OF CHOCOLATES 4,800,000 C
4 ESTIMATED BOXES TO BE REDEEMED 10,000

BOXES REDEEMED ON 2023 6,000
UNEARNED REVENUE 1,200,000
EARNED REVENUE 720,000 D
23
1 COUPONS ISSUED 40,000
PRICE PER COUPON 50
VALUE OF COUPONS 2,000,000
STAND-ALONE SELLING PRICE PER COUPON 1,500,000 B
2 ALLOCATION
SALES 6,000,000 4,800,000
COUPONS 1,500,000 1,200,000
7,500,000 6,000,000
3 SALES FROM PRODUCT 4,800,000
4 REBATE LIABILITY-BEG 1,200,000

REDEMPTION 500,000
REBATE LIABILITY-YEAR END 700,000 C
25
1 POINTS REDEEMED 30,000
REVENUE RECOGNIZED 600,000 C
ALLOCATION
SALES 8,000,000 6,400,000
COUPONS 2,000,000 1,600,000
10,000,000 8,000,000
2 POINTS REDEEMED IN 2022 30,000

POINTS REDEEMED IN 2023 15,000
REVENUE RECOGNIZED 800,000
REVENUE RECOGNIZED IN 2022 600,000
REVENUE RECOGNIZED IN 2023 200,000 B
27
1 ALLOCATION
SALES 4,500,000 4,050,000
COUPONS 500,000 450,000
5,000,000 4,500,000
2 PROCEEDS FROM SALE OF POINTS 450,000

COST OF POINTS 300,000
NET PROFIT 150,000 B
29
1 CERTIFICATES REDEEMED 3,600,000
CERTIFICATES TO BE REDEEMED 5,400,000
BREAKAGE 600,000
BREAKAGE REVENUE 400,000 A
1 SALES 6,000,000
CERTIFICATES REDEEMED 3,600,000
UNEARNED REVENUE 2,000,000 B
31 1 A
2 D
3 A
4 D
5 C
B
A
A
1
1
2,022
CASH 4,500,000
SALES 4,500,000
WARRANTY EXPENSE 40,000

CASH 40,000
2,023 CASH 7,500,000

SALES 7,500,000

CASH 150,000
2
2,022 CASH 4,500,000
SALES 4,500,000


CASH 40,000
2,023 CASH 7,500,000

SALES 7,500,000


CASH 150,000
3 ESTIMATED WARRANTY LIABILITY-GROSS 344,000

WARRANTY EXPENSE IN 2023 150,000
YEAR-END ESTIMATED WARRANTY LIABILITY 194,000
4
2,022 SALES OF 2022
FIRST CONTRACT YEAR FOR JAN 1 2022 SALES 24,000
FIRST CONTRACT YEAR FOR JUL 1 2022 SALES (HALF) 12,000
36,000
2,023
FIRST CONTRACT YEAR FOR JAN 1 2022 SALES (HALF) 12,000
SECOND CONTRACT YEAR FOR JAN 1 2022 SALES 48,000
SECOND CONTRACT YEAR FOR JUL 1 2022 SALES (HALF) 24,000
84,000
2,024 SECOND CONTRACT YEAR FOR JUL 1 2022 SALES (HALF) 24,000
SALES OF 2023
2,023 FIRST CONTRACT YEAR FOR JAN 1 2023 SALES 40,000
60,000
2,024 FIRST CONTRACT YEAR FOR JAN 1 2023 SALES (HALF) 20,000
140,000
5 ESTIMATED WARRANTY LIABILITY YEAR-END 204,000

ESTIMATED WARRANTY LIABILITY PER BOOK 194,000
INCREASE IN LIABILITY 10,000

3
2,022
1 CASH 5,000,000
SALES 5,000,000


2,023 CASH 7,000,000

SALES 7,000,000


2
2,022 SALES OF 2022
FIRST CONTRACT YEAR FOR JAN 1 2022 SALES 75,000
2,023
FIRST CONTRACT YEAR FOR JAN 1 2022 SALES (HALF) 37,500
SALES OF 2023
2,023 FIRST CONTRACT YEAR FOR JAN 1 2023 SALES 105,000
2,024 FIRST CONTRACT YEAR FOR JAN 1 2023 SALES (HALF) 52,500
ESTIMATED WARRANTY LIABILITY YEAR-END 795,000

ESTIMATED WARRANTY LIABILITY PER BOOK 1,090,000
DECREASE IN LIABILITY 295,000

7 WARRANTY LIABILITY-BEGINNING 350,000

ESTIMATED LIABILITY FOR THE YEAR AS A PERCENT OF SALES 2,000,000
WARRANTY LIABILITY-END 310,000
WARRANTY EXPENSE 2,040,000 A
9
1 WARRANTY PER PRODUCT 300
PRODUCTS SOLD 2,400
WARRANTY EXPENSE 720,000 D
2 ESTIMATED LIABILITY 720,000
WARRANTY RENDERED TO CUSTOMERS 170,000
YEAR-END WARRANTY LIABILITY 550,000 A
11
1 WARRANTY PER PRODUCT 80
PRODUCTS SOLD 30,000
WARRANTY EXPENSE 2,400,000 A
2 ESTIMATED LIABILITY 2,400,000

YEAR-END WARRANTY LIABILITY 1,700,000 C
13 WARRANTY LIABILITY-BEG 650,000

CURRENT YEAR LIABILITY 1,000,000
TOTAL WARRANTY FOR THE YEAR 1,650,000
900,000 C
15
1 SALES 5,000,000
PERCENT OF LIABILITY ESTIMATION 0.07
WARRANTY EXPENSE 350,000 A
2 ESTIMATED WARRANTY LIABILITY 350,000

YEAR-END ESTIMATED WARRANTY LIABILITY 250,000 B
3 SALES 7,000,000
PERCENT OF LIABILITY ESTIMATION 0.07
WARRANTY EXPENSE 490,000 C
4 ESTIMATED WARRANTY LIABILITY 490,000

ESTIMATED WARRANTY LIABILITY FOR 2023 SALES 190,000
ESTIMATED LIABILITY FOR 2022 SALES 250,000
YEAR-END ESTIMATED WARRANTY LIABILITY 440,000 B
17
2,022
1 PRODUCTS SOLD 7,500
PRICE PER PRODUCT 4,000
SALES REVENUE 30,000,000
PERCENT OF ESTIMATED LIABILITY 0.18
WARRANTY LIABILITY FOR THE YEAR 5,400,000
LESS: WARRANTY RENDERED TO CUSTOMERS 800,000
YEAR-END ESTIMATED WARRANTY LIABILITY 4,600,000
2,023 PRICE PER PRODUCT 4,000

PRODUCTS SOLD 10,000
SALES REVENUE 40,000,000
PERCENT OF ESTIMATED WARRANTY LIABILITY 0.18
CURRENT YEAR ESTIMATED WARRANTY LIABILITY 7,200,000
LESS: WARRANTY RENDERED TO CUSTOMERS 2,400,000
YEAR-END ESTIMATED WARRANTY LIABILITY 4,800,000
YEAR-END ESTIMATED WARRANTY LIABILITY 2022 4,600,000

ESTIMATED WARRANTY LIABILITY 2023 4,800,000
YEAR-END ESTIMATED WARRANTY LIABILITY 2023 9,400,000 C
2 2022 SALES
2,024 THIRD YEAR CONTRACT OF JAN 12022 SALES 1,500,000
SECOND YEAR CONTRACT OF JUL 1 2022 SALES 375,000
THIRD YEAR CONTRACT OF JUL 1 2022 SALES 750,000
2,025 THIRD YEAR CONTRACT OF JAN 12022 SALES 750,000
2023 SALES
2,024 SECOND YEAR CONTRACT OF JAN 1 2023 SALES 1,000,000
FIRST YEAR CONTRACT OF JUL 1 2023 SALES 300,000
SECOND YEAR CONTRACT OF JUL 1 2023 SALES 500,000
2,025 SECOND YEAR CONTRACT OF JUL 1 2023 SALES 500,000

THRID YEAR CONTRACT OF JAN 1 2023 SALES 2,000,000
THIRD YEAR CONTRACT OF JUL 1 2023 SALES 1,000,000
2,026 THIRD YEAR CONTRACT OF JUL 1 2023 SALES 1,000,000
ESTIMATED WARRANTY LIABILITY-DEC 31 9,675,000 A
3 ESTIMATED WARRANTY LIABILITY-DEC 31 9,675,000

ESTIMATED WARRANTY LIABILITY PER BOOK 9,400,000
INCREASE TO WARRANTY EXPENSE 275,000
WARRANTY EXPENSE IN 2023 7,200,000

INCREASE TO WARRANTY EXPENSE 275,000
ADJUSTED WARRANTY EXPENSE 7,475,000 B
18 1 D
2 C
3 D
4 C
5 A
3,250

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1 ACCOUNTS PAYABLE 1,250,000

ADVANCES FROM CUSTOMERS 200,000

2 TRADE PAYABLE 3,000,000

3 9% NOTE PAYABLE CLASSIFIED AS CURRENT SINCE IT WILL MATURE IN THE SUC

4 ACCOUNTS PAYABLE 6,500,000

5 ACCOUNTS PAYABLE 4,100,000

7 12% NOTE PAYABLE 5,000,000 B

9 ACCOUNTS PAYABLE 1,500,000

13 JAN 1, UNEARNED REVENUE 600,000

1 TOTAL REVENUE 600,000

2 TOTAL REVENUE 600,000

3 REMAINING HALF OF THE FIRST CONTRACT YEAR 120,000

4 REMAINING HALF OF THE SECOND CONTRACT YEAR 180,000

17 JAN 1, UNEARNED REVENUE 1,500,000

CASH RECEIPTS FOR THE YEAR 7,200,000

NET SALES FROM 2023 470,000

2 SUBSCRIPTION EXPIRATION (2023) OF 2022 SALES 155,000

21 BEGINNING REFUNDABLE DEPOSITS 330,000

23 INITIAL PAYMENT 990,000

25 INCOME BEFORE BONUS AND TAX 4,300,000 A

PREMIUM- PLATES 390,000

PREMIUM EXPENSE 100,000

PREMIUM EXPENSE 80,000

2,023 CASH 4,200,000

PREMIUM- PLATES 580,000

PREMIUM EXPENSE 180,000

PREMIUM EXPENSE 120,000

PREMIUM- TOWELS 175,000

PREMIUM EXPENSE 5,000

2,023 CASH 3,125,000

PREMIUM- TOWELS 200,000

PREMIUM EXPENSE 9,000

PREMIUM EXPENSE 64,000

PREMIUM- BALLPOINT 900,000

PREMIUM EXPENSE 30,000

PREMIUM EXPENSE 170,000

PREMIUM EXPENSE 150,000

ESTIMATED LIABILITY 10,000

PREMIUM- BASKETBALL 4,125,000

PREMIUM EXPENSE 3,000,000

PREMIUM EXPENSE 1,500,000

ESTIMATED LIABILITY 6,000

1 SETS SOLD 1,000

2,023 DEFERRED REVENUE-COUPONS 225,000

4 DEFERRED REVENUE-COUPONS 500,000

4 DEFERRED REVENUE-COUPONS 1,000,000

AMOUNT OF FUTURE PURCHASES 1,500,000

AMOUNT OF FUTURE PURCHASES 500,000

REBATE LIABILITY 250,000

4 REBATE LIABILITY-BEGINNING 528,000

REBATE LIABILITY 50,000

DEFERRED REVENUE-GIFT CERTIFICATES 75,000

DEFERRED REVENUE-GIFT CERTIFICATES 2,975,000

DEFERRED REVENUE-GIFT CERTIFICATES 1,200,000

UNEARNED REVENUE-COUPONS 525,000

POINTS REDEEMED 4,800

POINTS REDEEMED ON 2022 4,800

UNEARNED REVENUE-COUPONS 196,875

POINTS REDEEMED 15,000

POINTS REDEEMED ON 2022 15,000

POINTS REDEEMED ON 2022 15,000

PREMIUMS EXPECTED TO BE REDEEMED 19,200

2 YEAR-END PREMIUM LIABILITY 224,000 B

PREMIUMS EXPECTED TO BE REDEEMED 400,000