Required information The following information applies to the questions displayed below] A local theater company sells 1,650 season ticket packages at a price of $320 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. 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign.) Assets (a) Cash (b) Deferred Revenue Liabilities Deferred Revenue Deferred Revenue. Stockholders' Equity 528,000+ (52.800) Service Revenue 52.800