In 2020, Neighbor Co-Op Inc. sells 1,000 beverages in glass bottles and receives a $1.00 deposit for each returnable bottle sold. As of December 31, 2020, a total of 800 glass bottles were returned and deposits on 120 bottles were forfeited because it is the company's policy that a deposit must be claimed within 30 days. The remaining 80 bottles are still with customers within the 30-day claim period.

Required:
a. Record the collection of deposits in 2020.
b. Record the return of glass bottles in 2020.
c. Record the forfeiture of deposits in 2020 assuming that the cost of each bottle is $0.80.