The publisher of Business Weekly received the following 52-week subscriptions

The publisher of Business Weekly received the following 52-week subscriptions during 2012. Each subscription is $99, which is a 52% discount off the newsstand price of $4 per issue. The company' has a fiscal year that ends on the last Sunday of each calendar year. Each subscription becomes effective in the calendar month after the company receives the subscription.
The publisher of Business Weekly received the following 52-week subscriptions

Required:
Determine the amount of revenue from subscriptions Business Weekly should recognize in 2012.

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