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What amount of revenue will the company record

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Reference no: EM131800059

Proble

The publisher of TV Weekly received the following 52-week subscriptions during the first quarter of fiscal 2018. 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 2018 for the subscriptions received in January? (Round your response to the nearest dollar).

Month        Subscription Received
January                 4,300
February               4,200
March                   4,100

A) $247,142
B) $250,690
C) $433,583
D) $1,279,500

 

 

Reference no: EM131800059

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