N 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 10 Deferred Revenue January February March Total 5000 5000 5000 15000 $ 155 75,000 $150,000 $225,000 $450,000 $ 180 1 $ 75,000 $ 150,000 $ 825,000 $1,575,000 $225,000 $2,400,000