Gross Revenue $-$ Gross Revenue, or Revenue, is the total of all income for a community for a set period of time, in this case, one month. The two primary sources of revenue for most communities are rent and care fees. Additional, or anciallary, revenues come from community fees paid at the time of move$-$in$,$ guest meals, or fees for special events or extra services.

To calculate Gross Revenue complete each of the steps below, inserting the information you know about Crimson Cougar Senior Living into the Green Cells

Calculate Occupied Apartments

$\backslash$table$[[,\%$ Occupancy,$x,$Total Apts,$=,$Occupied Apts$],[$Assisted Living,$90\%,,60,,54],[$Memory Care,$90\%,,20,,18]]$

Calculate Monthly Rental Revenue

$\backslash$table$[[\backslash$table$[[$Assisted Living$]],$Rent$/$Apt$,x,$Occ Apts,Rental Revenue$],[3,500,,54,189,000],[$Memory Care,$4,392,,18,79,056],[$Total Rental Revenue,,,$,268,05]]$

Calculate Monthly Care Fees

$\backslash$table$[[,$Care Fees$/$Apt$,x,$Occ Apts,$=,$Rental Revenue$],[$Assisted Living,$840,,54,,45,360],[$Memory Care,$1,000,,18,,18,000],[\backslash$table$[[$Total Care Fees$],[$te Ancillary Revenue$]],,,,,63,360],[,,,,],[$Fee per MI$,x,$# of Mls$,=,$Total Comm Fee$],[$Community Fee,$3,000,,0,,-],[$Other Ancillary,,,,,$4,500],[$Total Ancillary Revenu,,,,,$4,500]]$

Calculate Ancillary Revenue Community Fee

Other Ancillary

Total Ancillary Revenue $5.$ Calculate Revenue Adjustments $($these are subtracted from all other revenue$)$

Calculate the

$1.$ Revenues

$2.$ Total Revenues

$3.$ Expenses

$4.$ Net Operating Income

$5.$ Net Income

Not: The format for all answers do not include $ signs or decimals, but do inlcude comas. For Example :

$$1234\mathrm{.}00($incorrect$)$

$1,234($correct$)$