a$)3-$D printer sold Jan $123$ for $$5,0002$ year zero$-$interest Note Receivable when market rate was $6\%$ and cost was $$4,000.$

Prep JE for the sale and calculate total revenue for $2023$ assuming Dec $31$ YE$.$

January $1,2023$

Notes Receivable $..............................................$

Sales Revenue$1..................................$

To record sales

Cost of Goods Sold $...........................................$

Inventory $....................................................$

To record cost of goods sold

b$)20$ non$-$refundable $$100$ gift cards for $3-$D printer plastic sold on Mar $123$ with Jun $3023$ expiry date. Stand$-$alone price for plastic is $$100($cost $$80)$ and estimated that customers will redeem $90\%$ with redemption as follows:

Cumulative redemption rate to date

Mar $3150\%$

Apr $3080\%$ Jun $3090\%$