Chow Publications Inc. Is a publicly traded media company focused on products for the home chef market. The compamy publishes a monthly magazine that can be purchased at newsstands and is awaitable for annual subscriptions (either paper copy or digital copy) Chow Publications sells annua/ subscriptions for $5400 (oaper coples) or $43.20 (digital copies). Subscriptlions are paid in advance and are non-cancellable Chow sold for cash 126,300 subscriptions on December 1.2020 , of which 30% were digital subscriptions Single issues can be purchased on newsstands. Chow Publications uses various magatime distributors across Canada torack it at newsstands, charging the newstands $5.40 per copy. Normally 23.500 copies are sent out eachmonth, with 15% of these being returned unsold. Of the 23,500 magazines sent out in December 2020 , all were sold on account, and none of the returned magazines are expected to be resold and, as a result, are sent to recycling. Unsold nagazines are returned by newitands in the following month. Determine how much revenue Chow Publications would be able to recognize in December 2020. (Round the per magaxine price to 3 decimal places, e.8. 54.965 and final answers to 0 decimal places, e.g. 125.) Revenue through subseriptions Revenue other than through subscriptions Prepare the required summary journal entries for the contract based on your analysis in part a" (Credit account titles are autombtically indented when amount is entered. Do not indent manueliy If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to 0 decimol places, es. 125.)