The publisher of TV Weekly received the following 52-week subscriptions during the first quarter of fiscal 2021. Each subscription is $110, which is a 47% discount off the newsstand price of $4 per issue. Each subscription becomes effective in the calendar month after the company receives the subscription. The company has a December 31 fiscal year. What amount of revenue will the company record in 2021 for the subscriptions received in January? (Round your response to the nearest dollar). $$\begin{array} { | c | l | }
\hline { \text { Month } } & \text { Subscription Received } \
\hline \text { Tanuary } & 4,300 \
\hline \text { February } & 4,200 \
\hline \text { March } & 4,100 \
\hline
\end{array}$$
A)$247,142
B)$250,690
C)$433,583
D)$1,279,500

Question

The publisher of TV Weekly received the following 52-week subscriptions during the first quarter of fiscal 2021. Each subscription is $110, which is a 47% discount off the newsstand price of $4 per issue. Each subscription becomes effective in the calendar month after the company receives the subscription. The company has a December 31 fiscal year. What amount of revenue will the company record in 2021 for the subscriptions received in January? (Round your response to the nearest dollar). $$\begin{array} { | c | l | } 
\hline  { \text { Month } } & \text { Subscription Received } \
\hline \text { Tanuary } & 4,300 \
\hline \text { February } & 4,200 \
\hline \text { March } & 4,100 \
\hline
\end{array}$$
A)$247,142
B)$250,690
C)$433,583
D)$1,279,500

Quizplus · Accepted Answer

The Answer of The publisher of TV Weekly received the following 52-week subscriptions during the first quarter of fiscal 2021. Each subscription is $110, which is a 47% discount off the newsstand price of $4 per issue. Each subscription becomes effective in the calendar month after the company receives the subscription. The company has a December 31 fiscal year. What amount of revenue will the company record in 2021 for the subscriptions received in January? (Round your response to the nearest dollar). $$\begin{array} { | c | l | } 
\hline  { \text { Month } } & \text { Subscription Received } \
\hline \text { Tanuary } & 4,300 \
\hline \text { February } & 4,200 \
\hline \text { March } & 4,100 \
\hline
\end{array}$$
A)$247,142
B)$250,690
C)$433,583
D)$1,279,500

The Publisher of TV Weekly Received the Following 52-Week Subscriptions