In November and December $2025,$ Marig Co$.,$ a newly organized magazine publisher, received $$69600$ for $1,000$ three$-$year subscriptions at $$23\mathrm{.}20$ per year, starting with the January $2026$ issue. Marigold included the entire $$69600$ in its $2025$ income tax return. What amount should Marigold report in its $2025$ income statement for subscriptions revenue?

$$3866$

$$23200$

$$69600$

$$0$