The Woodson Theater sells season theater tickets for $300 each. Each ticket entitles the customer to attend 5 plays. The first play will be in December. On December 1, 20X1, 400 season tickets were sold for $300 each in cash. During December, the first play out of the five was shown. The remaining plays will be shown next year. Required: Assuming all journal entries and adjusting entries have been made in 20X1, answer the following two questions. Note: Do not use decimals or cents in your response. Question #1 : What should be the amount of "Ticket Revenue. the theater reports on its income statement for 20X1? Answer: $ Question #2: What should be the "Deferred Ticket Revenue" balance reported on the balance sheet at 12/31/X1? Answer: S