3 Required Information [The following Information applies to the questions displayed below.] Part 1 of 4 Kirkland Theater sells season tickets for six events at a price of $42. For the 2019 season, 3,550 season tickets were sold. 8 01:54:01 Required: a-1. Use the horizontal model to show the effect of the sale of the season tickets. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) eBook Balance Sheet Liabilities Income Statement Revenues Assets + Stockholders' Equity Net Income Expenses Cash Ticket revenue Unearned ticket revenue