Revenues BLUFF RUN GOLF COURSES Income Statement Month Ending July 31, 2018 Blue Course Black Course Gold Course Greens fees revenue $62,500 $89,000 $42,900 Outings revenue ? 6,000 29,000 Total revenue $74,300 $95,000 $71,900 Expenses Landscaping $7,800 $14,200 $6,500 Wages 43,900 32,500 Repairs and maintenance 5,600 2,600 4,400 Fuel 3,100 3,000 1,980 Utilities 1,800 3,000 1,700 Total expenses $62,200 $79,200 $47,080 Operating income $12,100 $15,800 dly income statemer A. Calculate the operating income percentage for each of the courses. Round your percentages to one decimal place. Course Blue % % Course Black Course Gold % B. 1 Derform a vertical analysis for each course Round your nercontanos to one decimal nlace B. 1. Perform a vertical analysis for each course. Round your percentages to one decimal place. Bluff Run Golf Courses Income Statement Month Ending July 31, 2018 Course Blue Course Black Course Gold Revenues Greens fees revenue $62,500 Outings revenue Total revenue $74,300 $89,000 6,000 $95,000 $42,900 29,000 $71,900 Expenses Landscaping $7,800 % $14,200 % $6,500 % Wages 43,900 % % 32,500 % Repairs and maintenance 5,600 % 2,600 % 4,400 % Fuel 3,100 % 3,000 % 1,980 % Utilities 1,800 % 3,000 % 1,700 % Total expenses $62200 $79200 $47080 Operating income $12,100 $15,800 Operating income % % % $3 %