M Revenue Recognition Assignment Scenario -5,000 subscriptions were sold in January, February, and Marc Subscriptions Sold - Each subscription is $15.00 per month Monthly Value Each subsriber paid the full year's subscription Annual Value What would the revenue be for March? - What would get recorded in deferred revenue for March? Revenue Deferred Revenue January February March 5000 5000 5000 $ 15 $75,000 $ 150,000 $225,000 S 180 5 9 $ 75,000 $ 150,000 $ 825,000 $1,575,000 10 11 12