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Ski Powder Resort ends its financial year on April 30. The business adjusts its accounts monthly, but closes them only at year end (April 30)

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Ski Powder Resort ends its financial year on April 30. The business adjusts its accounts monthly, but closes them only at year end (April 30) The resort's busy season is from December 1 through March 31. Adrian Pride, the resort's chief financial officer, keeps a close watch on Lift Ticket Revenue and Cash The balances of these accounts at the end of each of the last five months are as follows: $ November 30 December 31 January 31 February 28 March 31 Lift Ticket Revenue 25.000 190 000 680,000 760,000 890,000 Cash 8.000 61.000 82.000 102.000 130.000 Mr. Pride prepares income statements and statement of financial position for the resort. Assuming they are prepared for a. The month ended February 28. (1) Indicate what amount will be shown in the statements for Lift Ticket Revenue (Omit the "S" sign in your response.) Lift ticket revenue (2) Indicate what amount will be shown in the statements for Cash (Omit the "S" sign in your response.) Cash S IL b. The entire busy season to date that is, December 1 through March 31 (1) Indicate what amounts will be shown in the statements for Lit Ticket Revenue. (Omit the "S" sign in your response.) Lift ticket revenue S b. The entire busy season to date -- that is, December 1 through March 31 (1) Indicate what amounts will be shown in the statements for Lif Ticket Revenue. (Omit the "S" sign in your response.) Lif ticket revenue (2) Indicate what amount will be shown in the statement for Cash (Omit the "S" sign in your response.) Cash c. In terms of Lift Ticket Revenue and increases in Cash, which has been the resort's best month? (Indicate the dollar amounts) (Omit the "S" sign in your response.) Amounts Best Month (Click to select) (Click to select) Lift ticket revenue Cash $

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