The following information is from Bluff Run Golf Courses. The company runs three courses and the July income statement for each course is shown.

A. Find the missing value for outings revenue, wages, and operating income.

B. Comment on the financial performance of each course.

C. Identify a limitation of analyzing the information provided.

You may want to consider using Microsoft Excel or another spreadsheet application for the numerical data. This information will be used in a subsequent question.

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Revenues Greens fees revenue Outings revenue Total revenue Expenses Landscaping Wages Repairs and maintenance Fuel Utilities Total expenses Operating income BLUFF RUN GOLF COURSES Income Statement Month Ending July 31, 2018 Blue Course $62,500 ? $73,500 $ 7,800 43,900 5,600 3,100 1,800 $62,200 $11,300 Black Course $89,000 6,000 $95,000 $14,200 ? 2,600 3,000 3,000 $79,100 $15,900 Gold Course $ 42,800 28,000 $ 70,800 $ 6,400 32,600 4,400 1,980 1,650 $ 47,030 ?