Question: At December 3 1 , 2 0 2 5 , Sue s Boutique had 1 , 5 0 0 gift certificates outstanding, which had been

At December 31,2025, Sues Boutique had 1,500 gift certificates outstanding, which had been sold to customers during 2025 for $60 each. Sues operates on a gross profit of 60% of its sales. What amount of revenue for the 1,500 outstanding gift certificates should be deferred at December 31,2025?
a. $0
b. $36,000
c. $54,000
d. $90,000

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