Shediac Bay Marina Had a Customer Loyalty Program at Its

Short Answer

Shediac Bay Marina had a customer loyalty program at its gas dock. For every litre of gasoline purchased, the customer would get a redemption award of $.015 which can be used to purchase products in the company's retail marine store. In July, the company sold 100,500 litres of gasoline.
-By the end of the August, customers redeemed 25,000 of the rewards. Shediac should make which of the following entries to record the redemption?