On October 1, 2010, $18,000 of Annual Magazine Subscriptions Were

Multiple Choice

On October 1, 2010, $18,000 of annual magazine subscriptions were sold by Dog World Magazines.The subscribed magazines are delivered on the first day of each month beginning on October 1, 2010.The total cost of the subscribed magazines is $9,600, equal to $800 per month.What is the amount of revenue to be recognized during 2010?

A) $18,000
B) $3,000
C) $4,500
D) $8,400