Exercises 1. The following information is from Wispy Woods Golf Courses. The company runs three courses and the August income statement for each course is shown. Revenues Greens Fees Outings Total Revenue Wispy Woods Golf Courses Income Statement For the Month Ending August 31, 2022 Blue Course $62,500 72,500 Black Course Gold Course $89,000 $42,800 7,000 28,200 96,000 71,000 Expenses Landscaping $7,800 $14,200 $6,400 Wages 43,900 32,600 Repairs and Maintenance 5,600 2,600 4,400 Fuel 3,100 3,000 1,980 Utilities 1,800 3,000 1,650 Total Expenses 62,200 79,100 47,030 Operating Income $11,300 $16,900 a. Find the missing value for outings revenue, wages, and operating income. These cells have been shaded blue. b. Compare the financial performance of each course. c. Identify a limitation of analyzing the information provided