On April 1, Otisco, Incorporated paid Garcia Publishing Company $2,088 for 36-month subscriptions to several different magazines Otisco debited the prepayment to a Prepaid Subscriptions account, and the subscriptions started immediately. What amount should zppear in the Prepaid Subscription account for Otisco, Incorporated after adjustments on December 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made? Multiple Choice $522. \$o. $0. $2,088. $696. $1,566