The following information is from Bluff Run Golf Courses. The company runs three courses and the July income statement for each course is as follows: BLUFF RUN GOLF COURSES Income Statement Month Ending July 31, 2018 Blue Course Black Course Gold Course Revenues Greens fees revenue $62,500 $89,000 $42,700 Outings revenue ? 6,000 29,000 Total revenue $73,800 $95,000 $71,700 Expenses Landscaping $7,800 $14,200 $6,500 Wages 43,900 ? 32,700 Repairs and maintenance 5,600 2,600 4,300 Fuel 3,100 3,000 1,970 Utilities 1,800 3,000 1,600 Total expenses $62,200 $79,600 $47,070 Operating income $11,600 $15,400 ? 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. 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 $73,800 $89,000 6,000 $95,000 $42,700 29,000 $71,700 Expenses Landscaping $7,800 % $14,200 % $6,500 % Wages 43,900 % % 32,700 % Repairs and maintenance 5,600 % 2,600 % 4,300 % Fuel 3,100 % 3,000 % 1,970 % Utilities 1,800 % 3,000 % 1,600 % Total expenses $62200 $79600 $47070 Operating income $11,600 $15,400 Operating income % % % %