1 St West, Inc., operates a downhil ski area near Lake Tahoe, California An all-day adult in ticket can be purchased for $60. Adult customers also can purchase a season pass that entities the pass holder to skany day during the season, which typically runs from December through April 30. Ski West expects its season pass holders to use their passes equally throughout the season. The company's fiscal year ends on December 31 On November 6, 2021. Jake Lawson purchased a reason pers for $325 Required: 1. When should Ski West recognite revenue from the sale of its season passes? 2. Prepare the appropriate journal entries that S West would record on November 5 and December 31 3. What will be included in the Su West 2021 income statement and balance sheet related to the sale of the season pass to Jake Lawson Complete the question by entering your awwere in the tabs below requtredt Hequired Required what will be included in the Ski West 2021 income statement and balance sheet related to the sale of the season pass to Jake Lawson Amount Amount included in ng balance med revenue