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A local theater company sells 1,950 season ticket packages at a price of $280 per package. The first show in the 10-show season starts this

A local theater company sells 1,950 season ticket packages at a price of $280 per package. The first show in the 10-show season starts this week.

(a) The sale of the season tickets before the first show.

(b) The revenue from fulfilling the performance obligation by putting on the first show. image text in transcribed

Assets Liabilities Stockholders' Equity

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