On December 31, 20X1, the Notes Receivable account at Eliassen Materials Corporation had a balance of $15,500, which represented a six-month, 12 percent note received from a customer on September 1. During the week ended June 7, 20X1, Breit Media received $39,000 from customers for subscriptions to its magazine Modern Business. On December 31, 20X1, an analysis of the Unearned Subscription Revenue account showed that 60 percent of the subscriptions were earned in 20X1. On October 1, 20X1, Namala Realty Company rented a commercial building to a new tenant and received $47,400 in advance to cover the rent for six months. Upon receipt, the $47,400 was recorded in the Unearned Rent account. On November 1, 20X1, the Mighty Bucks Hockey