Using the Summary Operating Statement provided, provide the horizontal analysis for the line item highlighted and indicated by the arrow. The Cougar Hotel Summary Operating Statement For the Years Ending December 31, 20X7 and 20X8 20X7 20X8 Changes $ $ % Operating Revenue Rooms 11,074.960 11,488,500 Food and Beverage 4,032,590 4,094,000 Other Operated Departments 494,040 483,000 Miscellaneous Income 226,550 253,000 Total Operating Revenue 15,828,140 16,318,500 Departmental Expenses Rooms 2,635,840 2,630,867 Food and Beverage 2,681,672 2.673.382 Other Operated Departments 278,145 264,201 Total Departmental Expenses 5,595,657 5,568,450 Total Departmental Profit 10,232,483 10,750,050 Undistributed Operating Expenses Administrative and General 1,282,079 1,305,480 Information and Telecommunications Systems 237 422 228,459 Sales and Marketing 1 456,189 ,452,347 Property Operation and Maintenance 680,610 685,377 Utilities 506,500 505,874 Total Undistributed Expenses 4,162,800 4,177,537 Gross Operating Profit 6,069,683 6,572,513 O 4.8% 5.1% 3.2% 3.3%