3. Bolufsen Resort has 40,000 rooms available each year. Operational figures for the years between 2000 and 2003 are shown in the following table: Occupancy Percent (Occ.%) Years 2000 2001 2002 2003 #of Rooms Sold 26,400 26,000 27,200 26,800 66.00 65.00 68.00 67.00 Average Daily Rate (ADR) ($) 80.00 82.00 90.00 88.00 Room Revenue 2,112,000 2,132,000 2,448,000 2,358,400 Based on the operational data, budget the room revenue for Bolufsen Resort for 2004?

3. Bolufsen Resort has 40,000 rooms available each year. Operational figures for the years between 2000 and 2003 are shown in the following table: Based on the operational data, budget the room revenue for Bolufsen Resort for 2004