brief solution and explanation. thanks

Question 14 1 pts Use the following information for the next two (2) questions: In 2021, Blitzkrieg Company began including one coupon in each package of candy that is sells and offers a toy in exchange for P5 and 5 coupons. The toys cost P12 each and an additional P4 to deliver it to customers. Eventually, 80% of the coupons will be redeemed. During 2021, Blitzkrieg Company sold 220.000 packages of candy, 70,000 coupons were already sent for redemption of which 20,000 is still under processing by year end. The premium expense for 2021 is Question 15 1 pts The premium payable to be report in the December 31, 2021 statement of financial position should be