$($either $$paper $$copy $$or $$digital $$copy$).$Chow $$Publications $$sells $$annual $$subscriptions $$for $$$$54\mathrm{.}00($paper $$copies$)$or $$$$43\mathrm{.}20($digital $$copies$).$Subscriptions $$are $$paid $$in $$advanceand $$are $$non$-$cancellable. $$Chow $$sold $$for $$cash $109,700$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 $$it $$atnewsstands$,$charging $$the $$newstands $$$$5\mathrm{.}40$per $$copy$.$Normally $22,600$copies $$are $$sent $$out $$each $$month$,$with $15\%$of $$these $$beingreturned $$unsold$.$Of $$the $22,600$magazines $$sent $$out $$in $$December $2020,$all $$were $$sold $$on $$account$,$and $$none $$of $$the $$returned $$magazinesare $$expected $$to $$be $$resold $$and$,$as $$a $$result$,$are $$sent $$to $$recycling$.$Unsold $$nagazines $$are $$returned $$by $$newstands $$in $$the $$following $$month$.$Determine $$how $$much $$revenue $$Chow $$Publications $$would $$be $$able $$to $$recognize $$in $$December $2020.($Round $$the $$per $$magazineprice $$to $3$decimal $$places$,$es$.$$$4\mathrm{.}965$and $$final $$answers $$to $0$decimal $$places$,$e$.$g$.125.)$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 $$54\mathrm{.}00($paper copies$)$ or $$43\mathrm{.}20($digital copies$).$ Subscriptions are paid in advance

and are non$-$cancellable. Chow sold for cash $109,700$ 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\mathrm{.}40$ per copy. Normally $22,600$ copies are sent out each month, with $15\%$ of these being

returned unsold. Of the $22,600$ 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.

Determine how much revenue Chow Publications would be able to recognize in December $2020.($Round the per magazineprice to $3$

decimal places, es$.$ $$4\mathrm{.}965$ and final answers to $0$ decimal places, e$.$g$.125.)$