In January 2021, Post, Inc. estimated that its year-end bonus to executives would be $880,000 for...

 

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In January 2021, Post, Inc. estimated that its year-end bonus to executives would be $880,000 for 2021. The actuali amount paid for the year-end bonus for 2020 was $960,000. The estimate for 2021 is subject to year-end adjustment What amount, if any, of expense should be reflected in Post's quarterly income statement for the three months ended March 31, 2021? O$ 0 $220,000 $240,000. $960,000. In January 2021, Post, Inc. estimated that its year-end bonus to executives would be $880,000 for 2021. The actuali amount paid for the year-end bonus for 2020 was $960,000. The estimate for 2021 is subject to year-end adjustment What amount, if any, of expense should be reflected in Post's quarterly income statement for the three months ended March 31, 2021? O$ 0 $220,000 $240,000. $960,000.

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