2. Carol's Video Mart sells one-year and two-year mail order subscriptions for its video-of-the-month business. Subscriptions are collected in advance and credited to sales. An analysis of the recorded sales activity revealed the following information: Sales Suscription expirations Year 1 Year 2 Year 3 Year 4 Total Year 1 Year 2 $ 800,000 $ 500,000 $ 150,000 250,000 $ 150,000 400,000 175,000 175,000 $ 800,000 $ 500,000 In Carol's December 31, year 2 balance sheet, the balance for unearned subscription revenue should be