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. a. Tao Co. receives $10,500 cash in advance for four months of evenly plarined legal services beginning on October 1 . Tao records it by debiting Cash and crediting Unearned Revenue both for $10,500. It is now December 31 , and Tao has provided lecerds it by debiting Cash and crediting Unearned Revenue both for $10,500, if is now December 31 , and Tao has provided b. Caden started a new publication called Contest News. Its subscribers pay $36 to recelve 12 monthly issues. With every new subscriber, Caden debits Cash and credits Unearned Subscription Revenue for the amounts recelved. The company has 100 suble new subscribers as of July 1. It sends Contest News to each of these subscribers every month from July through December. b. Caden started a new publication called Contest Nows. Its subscribers pay 536 to roceive 12 monthly is nubscriber, Caden debits Cash and credits Unearned Subscripton Revenue for the amounts received. Tho compary has 100 . new subseribert at of July 1. It sendt Confest Nows to each of those subscribers every month from July through December. Asnuming no changes in subscribers. prepare than year=nd jourmal entry that Caden must make as of December 31 to 7djust the Subicription Revente account and the Unearned Subscription Revenue account