Gossip publishes and sells magazines. Subscriptions are sold for S36 had received from subscribers subscription is sold. The following chart indicates how many were sold during 201 5 and what payment they by year-end. The first magazine is delivered the same month the for twelve monthly T Date # subscriptions sold Cash Received January 1 May 1 September 1 December 200 350 800 650 S 7.200 12,600 28,800 23,400 Instructions: a) How much cash did True Gossip collect in 2015? b) Provide two reasons why revenues recognized would be different than cash received during the year ended December 31, 2015, with reference to the specific revenue recognition criteria for the sale of goods. Would revenues recognized be higher or lower than cash received during the year ended December 31, 2015? c)