The Millennium Square Inns total room revenue is generated by its suite and standard rooms....
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The Millennium Square Inns total room revenue is generated by its suite and standard rooms. Total revenue generated by the suit room sales is $95,000 in January. Also, total revenue generated by the standard room sales is $67,000 in the same month. The management forecasted that there will be 8.00% increase in revenues for suites and 6.00% decrease in revenues for standard rooms in February. Based on the information given, calculate the projected total room revenue for the Millennium Square Inn in February.
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