Please answer 3 part a

You have been hired by USMAF to conduct an economic impact analysis for a home football game. For purposes of your analysis, you may assume the following averages: a. Seating capacity for M. M. Roberts Stadium is 36,000. b. Paid attendance is 25,000 . c. 80% of the crowd are local residents. d. Among visitors, 5% are casual visitors and 10% are time switchers. e. The combined sales tax rate for the city of Hattiesburg is 7%, collected on all goods and services except hotels. f. The hotel tax occupancy rate is 8%. g. Hotel capacity in the city is 5,000 rooms. The typical occupancy rate is 65%. h. Number of persons per hotel room for a football game is 2.4. i. Average length of hotel stay is 1.2 nights. j. Total revenue from lodging for home football games is $425,000. k. Total revenue from all other items but lodging is $650,000. 1. The cost of hosting a home football game is $780,000. 1. Calculate the following information regarding attendees at USM home football games. (4 points) a. On average, how many visitors attend USM home football games? 25,000 b. How many visitors are time-switchers? 2,500 c. How many visitors are casual visitors? 1,250 d. How many visitors should be used in the calculation of economic impact estimates? 4 2. Calculate the per-person spending information for incremental visitors. (6 points) a. What is the average per-person spending by the incremental visitors for everything but lodging? 260 b. What is the average per-person spending by the incremental visitors for lodging? 170 c. What is the total average per-person spending by the incremental visitors?780,000 3. Calculate the following estimates of economic impact. (15 points) a. What direct economic impact, not accounting for any hotel capacity constraints, may exist? (Be sure to account for the costs of hosting the event.) b. What is the total economic impact? c. Based on hotel capacity information, how many typical visitors did the event crowd out