Given below is the breakdown by line item the "Accrued and Other Current Liabilities" of Target Corporation (listed on NYE, ticker symbol TGT) as at January 29, 2022: Accrued and Other Current Liabilities (millions) Wages and benefits Gift card liability, net of estimated breakage Real estate, sales, and other taxes payable Dividends payable Current portion of operating lease liabilities Workers' compensation and general liability Interest payable Other (note) Accrued and Other Current Liabilities January 29, 2022+ 1,620 1,202 1,042 424 254 169 77 1,310 6,098 Note Target Circle program members earn 1 percent rewards on nearly all non-RedCard purchases. As of January 29, 2022, and January 30, 2021, deferred revenue of $89 million and $72 million, respectively, related to this loyalty program was included in Other Current Liabilities. 2 Guests receive a 5 percent discount on nearly all purchases and receive free shipping at Target.com when they use their Target Debit Card, Target Credit Card, or Target MasterCard (RedCards). Required: Identify the amount(s) of unearned revenue (contract liability) as of January 29, 20227 Explain for each amount (if you find more than one line item of unearned revenue) as to why it is an unearned revenue.