Through non-subscription sales, Business Weekly (see P4-9) provides retailers with a 50% margin (or 100% mark-up) on its magazines. During 2012, the company distributed 1,950,000 copies to retailers, not all of which were sold. Retailers sent a total of 830,000 unsold copies back to the publisher, of which 35,000 copies were for the last two issues published in 2011. In January 2013, the company received 32,000 unsold copies for magazines published in the last weeks of December 2012.
Required:
Determine the amount of revenue from non-subscription sales Business Weekly should recognize in 2012.