Final answer:
The ending balance in the Deferred Revenue account can be calculated by subtracting the total amount redeemed from the total amount sold. In this case, the ending balance is -$93 million.
The correct option is not given.
Step-by-step explanation:
The ending balance in the Deferred Revenue account can be calculated by subtracting the total amount redeemed from the total amount sold. In this case, $20.8 million was sold in November and $113.8 million was redeemed in December. So, the ending balance would be $20.8 million - $113.8 million, which equals -$93 million.
Since the balance is negative, it means that the company has a deficit in the Deferred Revenue account and needs to recognize this loss.
The correct option is not given.