The Arts & Crafts Theater had unearned ticket revenues of $20,000 as of December 31, Year 1 and unearned revenues of $40,000 at December 31, Year 2. The theater's records included $500,000 and $340,000 in cash receipts during the years ended December 31, Year 2 and Year 1, respectively. What were ticket revenues for the year ended December 31, Year 2?