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Required information The following information applies to the questions displayed below.) Kirkland Theater sells season tickets for six events at a price of $60. For

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Required information The following information applies to the questions displayed below.) Kirkland Theater sells season tickets for six events at a price of $60. For the 2019 season, 4,350 season tickets were sold. Required: 6.1. Use the horizontal model to show the effect of the sale of the season tickets, Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Answer is not complete. Balance Sheet Assets Liabilities Stockholders Equity Net Income er is not complete. Income Statement ncome Expenses Revenues Ticket revenue 261,000 - Required information [The following information applies to the questions displayed below.) Kirkland Theater sells season tickets for six events at a price of $60. For the 2019 season, 4,350 season tickets were sold. b-1. Use the horizontal model to show the effect of presenting an event. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Balance Sheet Liabilities Assets + Stockholders' Equity Stockholde Net Income

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