d$.$ Explain in plain language the $$accrued member rewards$$ liability.

To build customer loyalty Costco offers $2\%$ reward to Executive members in certain countries. Every time an Executive member spends $$1,500,$ Costco records a liability of $Answer $33$

that it promises to give the customer later.

e$.$ Complete the following sentence. Costco recorded sales of at least $Answer $34$

from the Company's Executive members, during the current fiscal year.