For each separate case below, follow the three-step process for adjusting the unearned revenue liability account at December 31 Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2. Assume no other adjusting entries are made during the year. b. Caden started a new publication called Contest News. Its subscribens pay $36 to recelve 12 monthly issues, With every nuw subscriber, Caden debits Cash and credits Uneamed Subscription Revenue for the amounts received. The company has 100 new subscribers as of July 1. It sends Contest News to each of these subscribers every month from July through December. Assuming no changes in subscribers, prepare the year-end journal entry that Cadon must make as of December 31 to adjust the Subscription Revenue account and the Unearned Subscription Revenue account