On March 1, 2020, the Teal Company received a $45,000 payment for annual magazine subscriptions (the subscriptions run from the March, 2020 edition through the February 2021 edition). Upon receipt of the payment, Teal Company credited the amount to unearned revenue. Provide any entries necessary to correctly state sales revenue on the income statement for the year ended on 12/31/2020. Show your computation