On March 1, 2018, $72,000 of Annual Magazine Subscriptions Were

Multiple Choice

On March 1, 2018, $72,000 of annual magazine subscriptions were sold by Traveler's Monthly Magazines. The subscribed magazines are delivered on the first day of each month beginning on March 1, 2018. The total cost of the subscribed magazines is $30,000 or $2,500 per month. How much profit will the company recognize during 2019?

A) $5,000
B) $8,250
C) $25,000
D) $2,750