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In July, cash collected from season pass sales was $ 3 , 2 0 0 , 0 0 0 ( 8 , 0 0 0

In July, cash collected from season pass sales was $

3, 200, 000 (8, 000

passes sold

\

times $

400

per season pass

) .

What is the amount of sales revenue recognized in July from season pass sales?

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