Ski Powder Resort ends its fiscal 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: Lift Ticket Revenue Cash November 30 $ 30,000 $ 9,000 December 31 200,000 59,000 January 31 640,000 94,000 February 28 850,000 116,000 March 31 990,000 138,000 -------------------------------------------------------------------------------- Mr. Pride prepares income statements and balance sheets 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 "$" sign in your response.) Lift ticket revenue $----? (2) Indicate what amount will be shown in the statements for Cash. (Omit the "$" sign in your response.) Cash $ -------? 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 Lift Ticket Revenue. (Omit the "$" sign in your response.) Lift ticket revenue $ -----???? (2) Indicate what amount will be shown in the statement for Cash. (Omit the "$" 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 "$" sign in your response.) Best Month Amounts Lift ticket revenue Month and Amount $ ?? Cash Month and Amount $