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Unearned subscription revenue of $700,000 was collected on 5/1/2020 for a one year subscription. At 12/31/2020, the financial statements are prepared and the unearned subscription

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Unearned subscription revenue of $700,000 was collected on 5/1/2020 for a one year subscription. At 12/31/2020, the financial statements are prepared and the unearned subscription revenue account must be adjusted. What is the amount that should be taken out of unearned subscription revenue and credited to subscription revenue? $466,667 O $667,000 O $400,000 O $533,333

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