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The University of Michigan football stadium, built in 1927, is one of the largest stadiums in America. Assume the university sells 110,000 season tickets to

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The University of Michigan football stadium, built in 1927, is one of the largest stadiums in America. Assume the university sells 110,000 season tickets to five home games before the season begins, and the athietic department collects $6325 million in ticket sales. Required: 1. What is the overoge peice per season ticket and average price per individual gome ticket sold? 2.8 3. Pecord the cash collection of $63.25 million in vicket sales (five home games) before the season begins and the approptiote enty after the first home gome is completed Complete this question by entering your answers in the tabs below. What is the average price per season ticket and average price per individual game ticket sold? (Enter your andwerph in dolarn. not in militions (6.e. 15.5milion should be entered as $,500,000) ). The University of Michigan football stadium, built in 1927, is one of the latgest stadiums in America. Assume the university sells 110.000 season tickets to five home gomes before the season begins, and the athletic department collects $63.25 million in ticket sales. Required: 1. What is the average price per season ticket and average price per individual game ticket sold? 2. \& 3. Record the cash collection of $63.25 million in ticket sales (five home games) before the season begins and the approprlate entry after the first home game is completed. Complete this question by entering your answers in the tabs below. Record the cash colletsion of $63.25 million in ticket sales (five home games) before the season begins and the appropriate entry after the first home game is completed. (If no entry is required for a transactionvevent, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. $5.5 million should be entered as 5,500,000 ).) Show less a Journal entry worksheet Fecord the cash sale of $63.25 million in tickets (five home games) before the season begins. Neter Enter debits before oredih

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