In yeat B. Mondo Magazines began seling one and two year subscriptions to its publication Subucnptions are collected in advance and credited to sales An analysis of the corded sales activity revealed the following Sales Les cancellations Net als year 8 years $430,000 $520,000 40.000 $ 60,000 $390,000 $460.000 Subscription expirations Free year year $115,000 year $160,000 $125,000 year $115.000 Year 11 $150,000 $450,000 5990,000 In Mondos December nye lance sheet the balance for deferred to shoutbe