Question
Eventbrites mission is to bring the world together through live experiences. We believe live experiences are fundamental to fulfilling a human desire to connect. The
Eventbrites mission is to bring the world together through live experiences. "We believe live experiences are fundamental to fulfilling a human desire to connect." The company is currently selling tickets for The Skokie Theater's "Welcome Back" concert on July 1, 2021. Eventbrite provides a platform to sell tickets to attendees. Event attendees pay an additional 2% processing fee, on top of the face value of the ticket, to cover these costs. Eventbrite collects the face value of the ticket plus the processing fee at the time of sale. During February 2021, the company sold tickets with a face value of $5,000. Please describe the timing and amount that Eventbrite will record revenue.
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