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No Doubt Company includes 1 coupon in each box of soap powder that it packs, and 12 coupons are redeemable for a premium (a kitchen utensil). In 2014, No Doubt Company purchased 10,600 premiums at 82 cents each and sold 147,400 boxes of soap powder at $5.80 per box, 62,400 coupons were presented for redemption in 2014. It is estimated that 60% of the coupons will eventually be presented for redemption. Prepare all the entries that would be made relative to sales of soap powder and to the premium plan in 2014. Account Titles and Explanation Debit Credit (To record the pemium inventory) (To record the sales