could you please help me ansewr this question using accounting terms
$2.6 million in 2018, which was an increase of $870,000. These favourable results allowed the Club to improve its financial position, make certain investments, reduce debt and build our financial reserves for future years, as detailed below. 2019 REVENUE BREAKDOWN 2% COMMUNITY SUPPORT 6 SPECIAL EVENTS Revenue Total revenue in 2019 was $36.3 million, an increase of $2.9 million (8.6%) over last year. Within the Club's revenue, the largest increase was from game day, merchandise, and concessions revenue which saw an increase of $2.2 million (33.3%. This was the direct result of the Club's strong merchandise sales in November leading up to the 107th Grey Cup, and carrying over into December as the City celebrated their team's Grey Cup victory by purchasing 107th Grey Cup championship merchandise. Stadium management revenue increased by $890,000 over 2018, as a result of the Club hosting the NFL Week 3 preseason game between the Oakland Raiders and Green Bay Packers at IG Field in August 26% WINNIPEG FOOTBALL CLUB REVENUE 32% GATE RECEIPTS GATE RECEIPTS $14,000,000 $13.267198 $1,880,243 $11.488,674 $12.000.000 $11,638,086 12% CFL DISTRIBUTIONS $9.79477 $10.000.000 4% STADIUM MANAGEMENT REVENUE SR.000.000 56.000.000 24% GAME DAY, MERCHANDISE & CONCESSIONS $4.000.000 52.000.000 50 2015 2016 2017 2012 2018 GATE RECEIPTS $14,000,000 $13,267,198 $11,880,243 $12,000,000 $11,638,086 $11,488,674 $9,794,778 $10,000,000 DIS $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 2015 2016 2017 2018 2019 ii. Gate receipts is the largest individual source of revenue in 2019. Compare gates receipts for each of the years 2015 to 2019? GATE RECEIPTS $14,000,000 $13,267,198 $11,880,243 $12,000,000 $11,638,086 $11,488,674 $9,794,778 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 2018 2019 2017 2015 2016 Tion, compared to an increase of $870,000. These favourable results allowed the Club to improve its financial position, make certain investments, reduce debt and build our financial reserves for future years, as detailed below. 2019 REVENUE BREAKDOWN 2% COMMUNITY SUPPORT & SPECIAL EVENTS Revenue Total revenue in 2019 was $36.3 million, an increase of $2.9 million (8.6%) over last year. Within the Club's revenue, the largest increase was from game day, merchandise, and concessions revenue which saw an increase of $2.2 million (33.3%). This was the direct result of the Club's strong merchandise sales in November leading up to the 107th Grey Cup, and carrying over into December as the City celebrated their team's Grey Cup victory by purchasing 107th Grey Cup championship merchandise. Stadium management revenue increased by $890,000 over 2018, as a result of the Club hosting the NFL Week 3 preseason game between the Oakland Raiders and Green Bay Packers at IG Field in August 26% WINNIPEG FOOTBALL CLUB REVENUE 32% GATE RECENTS GATE RECEIPTS $14,000,000 $13,262198 $1,830,243 $11,638,086 $11.488,674 $12.000.000 12% CFL DISTRIBUTIONS $9,794,778 $10,000,000 STADIUM MANAGEMENT REVENUE $8.000.000 $6,000,000 24% GAME DAY, MERCHANDISE * CONCESSIONS $4,000,000 $2,000,000 $0 2018 2015 2017 2019 2016 ii. Gate receipts is the largest individual source of revenue in 2019. Compare gates receipts for each of the years 2015 to 2019
