For Year 2, the Sacramento Corporation had beginning and ending Retained Earnings balances of $167,967 and $202,900, respectively. Also during Year 2, the board of directors declared cash dividends of $21,300, which were paid during Year 2. The board also declared a stock dividend, which was issued and required a transfer in the amount of $16,500 to paid-in capital. Total expenses during Year 2 were $37,916. Based on this information, what was the amount of total revenue for Year 2

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?