$($Chapter $6$ only$)($i$)$

Saved

cali

$\frac{1}{4}$

Bull'sEye sells gift cards redeemable for Bull'sEye products either in$-$store or online. During $2021,$ Bull'sEye solc $$1,550,000$ of gift cards, of $$1,350,000$ of the gift cards were redeemed for products. As of December $31,2021,$$$141,000$ of the remaining gift cards had passed the date at which Bull'sEye concludes that the cards will never be redeemed. How much gift card revenue should Bull'sEye recognize in $2021?$

Multiple Choice

$$1,350,000$

$$1,409,000$

$$1,550,000$

$$1,491,000$