Kirkland Theater sells season tickets for six events at a price of $180. In pricing the tickets, the planners assigned the leadoff event a value of $45 because the program was an expensive symphony orchestra. The last five events were priced equally; 1,200 season tickets were sold for the 2010 season.

Required:
(a)	Calculate the theater's earned revenue after the first three events have been presented. (Omit the "$" sign in your response.)

Revenue earned

$

(b)	About 95% of the season ticket holders attended the first event. Subsequent events were attended by about 80% of the season ticket holders. To what extent, if any, should the attendance data impact revenue recognition?

(Click to select)YesNo