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3) The Booneville Bulldogs sell season tickets for five football games at a price of $200 for the season. For the 2021 season, 20,000 season

3) The Booneville Bulldogs sell season tickets for five football games at a price of $200 for the season. For the 2021 season, 20,000 season ticket packages were sold. Use the horizontal model to show the effect of the sale of the season tickets. Assets Liabilities Stockholders' Equity Revenues Expenses Net Income a. + Cash Flow b. Use the horizontal model to show the effect of playing one of the games Liabilities Stockholders' Equity Revenues Expenses Assets = + = Net Income Cash Flow

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