(b) In November and December 2015, Lane Co., a newly organized magazine publisher, received cash of $60,000 for 1,000 five-year subscriptions at $12 per year, starting with the January 2016 issue. What amount should Lane report in its calendar year 2015 income statement for subscriptions revenue? What is the balance in unearned revenue at the end of 2015 and 2016 related to these cash receipts? What are the amounts reported in the statement of cash flows for 2015 and 2016 related to this transaction and in which section of the statement of cash flows