View Policies Current Attempt in Progress In November and December 2020, Swifty Corporation, a newly organized magazine publisher,received $79500 for 1.000 three-year subscriptions at $23 per year, starting with the January 2021 issue. Swifty included the entire $79500 in its 2020 income tax return. What amount should Swifty report in its 2020 income statement for subscriptions revenue? $79500. $4416 $26500 $0. Attempts: 0 of 1 used