Sports Magazine Company received advance payments of $5,000 from subscribers during 2018. On December 31, 2018, $1,200 worth of magazines still had not been shipped. After the adjustments are recorded on December 31, 2018, the balances in the related accounts will be:

Unearned Subscriptions: $3,800; Magazine Revenue: $1,200

Unearned Subscriptions: $5,000; Magazine Revenue, $0

Unearned Subscriptions: $1,200; Magazine Revenue, $3,800

Unearned Subscriptions: $0; and Magazine Revenue: $5,000