Exercise 9-6 (Algo) Calculate earned revenues LO 1 Kirkland Theater sells season tickets for six events at a price of $77. In pricing the tickets, the planners assigned the leadoff event a value of $28 because the program was an expensive symphony orchestra. The last five events were priced equally; 1,310 season tickets were sold for the 2016 season. Required: a. Calculate the theater's earned revenue after the first three events have been presented. (Do not round intermediate calculations.) Revenue earned b. About 94% of the season ticket holders attended the first event. Subsequent events were attended by about 78% of the season ticket holders. Would the attendance data impact revenue recognition? Yes O No