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UR Fit Centre opened for business on April 1, 2023. For revenue recognition purposes, all memberships are assumed to be issued at the beginning of
UR Fit Centre opened for business on April 1, 2023. For revenue recognition purposes, all memberships are assumed to be issued at the beginning of the month, with one-year memberships costing \\( \\$ 600 \\) and two-year memberships costing \\( \\$ 960 \\). During April, 32 oneyear memberships and 25 two-year memberships were sold. Which of the following statements is correct related to these sales? Unearned revenue in 2023 is \\( \\$ 16,200 \\) Unearned revenue in 2023 is \\( \\$ 23,400 \\) Revenue earned in 2023 is \\( \\$ 23,400 \\) Revenue earned in 2023 is \\( \\$ 16,200 \\)
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