Get in shape, a healthy living magazine, collected $528,000 in subscription revenue on may 31. each subscriber will receive an issue of the magazine in each of the next 12 months, beginning with the june issue. the company uses the accrual method of accounting. what is the balance in the unearned revenue account as of december 31?

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?