Question: A motel has 40 units. During the month of June, its average room rate is expected to be $80, and its room occupancy 74%. In July, the owner is planning to raise room rates by 10%, and occupancy is expected to be 84%. In August no further room rate raises are contemplated, but occupancy is expected to be up to 92%. For each of the three months of June, July, and August, calculate the budgeted rooms sales revenue.