Question 3 1 points Save Answer A company buys an oil rig for $800.000 on January 1, 2019. The life of the rig is 10 years and the expected cost to dismantle the rig at the end of 10 years is $200,000 (present value at 10% is $77.110), 10% is an appropriate interest rate for this company. What journal entry related to environmental liability should be recorded on January 1, 2019 as a result of these events? Mona Co. Includes one coupon in each bag of dog food itself. In return for six coupons, customers receive a toy. The toys cost Mona $250 och Mona estimates that 30 percent of the coupons will be redeemed. Data for 2018 and 2019 are as follows 2018 2019 Bagn of dog food sold 500,000 600,000 Toys purchased 18,000 22,000 Coupons redeemed 120,000 150,000 The premium liability at December 31, 2018 is