In November and December 2017, Gee Company, a newly organized magazine publisher, received $36,000 for 1,000 three-year

Question:

In November and December 2017, Gee Company, a newly organized magazine publisher, received $36,000 for 1,000 three-year subscriptions at $12 per year, starting with the January 2018 issue of the magazine.
Required:
How much should Gee report in its 2017 income statement for subscriptions revenue on an accrual basis? What are Gee's cash receipts in 2017?