Chow Publications Inc. is a publicly traded media company focused on products for the home chef market. The company publishes a monthly magazine that can be purchased at newsstands and is available for annual subscriptions (either paper copy or digital copy). Chow Publications sells annual subscriptions for $54.00 (paper copies) or $ 43.20 (digital copies). Subscriptions are paid in advance and are non-cancellable. Chow sold for cash 115,000 subscriptions on December 1, 2020, of which 30% were digital subscriptions. Single issues can be purchased on newsstands. Chow Publications uses various magazine distributors across Canada to rack it at newsstands, charging the newstands $5.40 per copy. Normally 26,500 copies are sent out each month, with 15% of these being returned unsold. Of the 26,500 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 newstands in the following month. Your answer is partially correct. Determine how much revenue Chow Publications would be able to recognize in December 2020. (Round the per magazine price to 3 decimal places, e.g. $4.965 and final answers to O decimal places, e.g. 125.) Revenue through subscriptions $ 7997400 Revenue other than through subscriptions $ 121635 Prepare the required summary journal entries for the contract based on your analysis in part "a." (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Round answers to 0 decimal places, eg. 125.) Date Account Titles and Explanation Debit Credit Dec. 1 Cash 8119035 Unearned Revenue 8119035 Dec. 31 Unearned Revenue 21465 Subscription Revenue 799740C (To record revenue through subscriptions) Accounts Receivable 142560 Sales Revenue 21384 Sales Revenue 12117 (To record sales other than