Question: I need help on this problem, please show an explanation. Thanks Unearned Revenue, which represents the company's obligation to gift cards previously issued to customers,

I need help on this problem, please show an explanation. Thanks

Unearned Revenue, which represents the company's obligation to gift cards previously issued to customers, beginning of the year and s10.500 at the end of the year. Customers purchased gift cards to$57000 during the year. What was the a of redeemed by customers during the year? $53, 500 $60, 500 $74, 500 $39, 500

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