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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 5.000 28,000 Total revenue $74,100 $95,000 $70,700 Expenses Landscaping $7,800 $14,200 $6,500 Wages 43,900 32,700 Repairs and maintenance 5,600 2,600 4,500 Fuel 3,100 3,000 1,970 Utilities 1,800 3,000 1,650 Total expenses $62,200 $78,200 $47,320 Operating income $11,900 $16,800 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 $89,000 $42,700 Outings revenue 6,000 28,000 Total revenue $74,100 $95,000 $70,700 Expenses Landscaping $7,800 $14,200 $6,500 Wages 43,900 jo% 32,700 jo% Repairs and maintenance 5,600 2,600 99099 4,500 Fuel 3,100 3,000 1,970 Utilities 1,800 3,000 1,650 Total expenses $62200 $78200 $47320 Operating income $11,900 $16,800 Operating income % 2. Based on a vertical analysis of each course, which accounts would you want to investigate further? C. Which method of analysis (using a dollar value or percentage) is most relevant and/ or useful? Why