Service Revenue Hockey Magazine Company received advance payments of \(\$ 75,000\) from customers during 2018. At December 31, 2018, \(\$ 20,000\) of the advance payments still had not been earned.

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After the adjustments are recorded and posted at December 31, 2018, calculate what the balances will be in the Unearned Magazine Revenue and Magazine Revenue accounts from the 2018 advance payments.