Skiable Acres operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season.

$($Click the icon to view the information.$)$

Read the requirements.

Requirement $1.$ If Skiable Acres cannot reduce its costs, what profit will it earn? State your answer in dollars and as a percent of assets. Will investors be happy with the profit level?

Complete the following table to calculate Skiable Acres' projected income.

Revenue at market price $$

Less: Total costs $$

Operating income $$