Question $2(2$ points$)$

Your company produces a sports magazine. In $2020,$ it's first year in operation, it sold $$169,000$ of one$-$year subscriptions, of which only $40\%$ had expired by December $31,2020.$ In $2021,$ it sold $$655,600$ of one$-$year subscriptions, of which only $25\%$ had expired by December $31,2021.$ Given the above information, how much revenue would be shown on the Company's January to December $2021$ Income Statement?

$$416,870$

$$562,700$

$$265,300$

$$430,050$