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In its 2021 annual report to shareholders, Ank-Morpork Times Inc. included the following disclosure: Revenue Recognition Advertising revenue is recognized when advertisements are published, are

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In its 2021 annual report to shareholders, Ank-Morpork Times Inc. included the following disclosure: Revenue Recognition Advertising revenue is recognized when advertisements are published, are broadcast, or when placed on the Company's websites, net of provisions for estimated rebates, credit and rate adjustments and discounts. Circulation revenue includes single copy and home-delivery subscription revenue. Single copy revenue is recognized based on date of publication, net of provisions for related returns. Proceeds from home-delivery subscriptions and related costs, principally agency commissions, are deferred at the time of sale and are recognized in earnings on a pro rata basis over the terms of the subscriptions Other revenue is recognized when the related service or product has been delivered. Also, the following information on its current liabilities was included in its comparative balance sheets: CURRENT LIABILITIES 2021 2020 Commercial paper outstanding $159, 300,000 $292, 251,080 Accounts payable $171,950,000 $175,552,000 Accrued payroll and other related liabilities $ 82,299,000 $127,983,000 Accrued expenses $161,867,000 $191,748,000 Accrued income taxes $226, 220,000 $9,862,800 Deferred subscription revenue $ 62,706,000 $ 82,385,000 Current portion of long-tern debt and lease $ 2,544,000 $ 2,609,000 obligations Total current liabilities $866,886,000 $882,390,000 Required: Assuming that Ank-Morpork Times Inc. collected $441,000,000 in cash for home-delivery subscriptions during fiscal year 2021, what amount of revenue did it recognize during 2021 from this source? Show the relevant T-account information to support your answer. Complete this question by entering your answers in the tabs below. Revenue T account Assuming that Ank-Morpork Times Inc. collected $441,000,000 in cash for home delivery subscriptions during fiscal year

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