AMZN Stores Ltd$.$ sold $$55,800$ of gift cards during $2023.$ During

$2023,$ $$30,000$ of gift cards were redeemed, some of which were

sold in $2023$ and some of which were sold in the prior year. AMZN

also determined that the probability is very low that $$4,500$ of gift

cards sold in the prior year would be redeemed.

AMNZ should recognize gift card revenue in $2023$ of:

$$55,800$

$$60,300$

$$34,500$

$$30,000$