A magazine publisher delivers 50,000 copies of its November magazine on October 26 to retailers. The retailers

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A magazine publisher delivers 50,000 copies of its November magazine on October 26 to retailers. The retailers display the new magazines and remove the old (October) copies from the shelves by the end of October. Through an online system, the retailers report to the publisher the number of copies sold in a month by the third day of the following month. On November 3, the publisher learns that 42,000 copies of the October magazine had been sold. The unsold copies were finally returned to the publisher by December 31. The publisher charges $2 per copy of the magazine, which retails for $4.95. 


Required:

How much revenue should the publisher record for the month of October for magazine sales?

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