1. Using the Summary Operating Statement provided, provide the vertical analysis for the line item highlighted and indicated by the arrow.

   		16.4%
   		65.3%
   		48.0%
   		23.3%

The Cougar Hotel Summary Operating Statement For the Years Ending December 31, 20x7 and 20x8 20X7 20x8 Changes $ % $ % $ % Operating Revenue Rooms Food and Beverage Other Operated Departments Miscellaneous Income Total Operating Revenue 11,074,960 4,032,590 494,040 226,550 15,828,140 11,488,500 4,094,000 483,000 253,000 16,318,500 Departmental Expenses Rooms Food and Beverage Other Operated Departments Total Departmental Expenses 2,635,840 2,681,672 278,145 5,595,657 2,630,867 2,673,382 264,201 5,568,450 Total Departmental Profit 10,232,483 10,750,050 Undistributed Operating Expenses Administrative and General Information and Telecommunications Systems Sales and Marketing Property Operation and Maintenance Utilities Total Undistributed Expenses 1,282,079 237,422 1,456,189 680,610 506,500 4,162,800 1,305,480 228,459 1,452,347 685,377 505,874 4,177,537 Gross Operating Profit 6,069,683 6,572,513