Billy Goat Company Sent a Check for $96 to Munch

Billy Goat Company sent a check for $96 to Munch Digest magazine on May 1, 2019 toward one year subscription. If Billy Goat's financial year ends on September 30, their financial statements will report:

A) Prepaid Subscription of $48, and Subscription Expense of $24
B) Prepaid Subscription of $56, and Subscription Expense of $40
C) Prepaid Subscription of $24, and Subscription Expense of $48
D) Prepaid Subscription of $36, and Subscription Expense of $36