Lakeshore Gelato Distributors (LGD) began a special promotion in July 2012 in an

Lakeshore Gelato Distributors (LGD) began a special promotion in July 2012 in an attempt to increase sales. A coupon was placed on top of each Gallon of Gelato. Customers could send in five coupons for a free mini ice cream scooper. Each scooper cost LGD $2.00. LGDs management estimated that 70% of the coupons would be redeemed. For the six months ended December 31 2012 the following information is available:LGD Sold 2000000 gallons of GelatoPurchased 240000 scoopersCoupons Redeemed 560000 Required:Record all necessary journal entries for the premium offer for 2012.