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Company: Shopify Inc. Product: E-commerce Platform Subscription Subscription Price: $29 per month Subscription Duration: 12 months A customer subscribes to Shopify's e-commerce platform subscription at

  • Company: Shopify Inc.
  • Product: E-commerce Platform Subscription
  • Subscription Price: $29 per month
  • Subscription Duration: 12 months

A customer subscribes to Shopify's e-commerce platform subscription at $29 per month for 12 months. How much revenue should Shopify recognize from this subscription at the end of the first month?

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