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Country Club Center sells season memberships for $100 each. Prior to May 1, 2017, 60...

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Accounting

Country Club Center sells season memberships for $100 each. Prior to May 1, 2017, 60 season memberships were sold. The season runs for 4 months starting May 1, 2017. What is the amount of revenue that should be reported on the income statement for the month ended May 31, 2017?

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