Bramell Park is an amusement park with an entrance fee that allows unlimited rides. Last year, the company sold 88,000 one-day admission tickets with an average price of $125 and 30,000 three-day admission tickets with an average price of $280. The park management expects one-day admission ticket volume to decrease by 12 percent and three-day admission ticket volume to increase by 4 percent.

At the same time, increased competition is expected to result in one-day ticket prices that are 15 percent lower than the current level and three-day ticket prices that are 10 percent lower than the current price.

Required:

Estimate admission revenues for Bramell Park for the coming year.

Note: Do not round your intermediate calculations.

Products	Revenues
One-day tickets	$8,228,000 answer is correct
Three-day tickets	$7,560,000 answer is incorrect