The following balances were extracted from the accounts of the Blue Moon Hotel at 31st December 2005. Prepar the Income Statement in accordance with the Uniform System of Hotel Accounting introduced by the AHMA.

Rooms Department: `
Net Sales 6,00,000 Payroll and related expenses 20,000 Other expenses 50,000 Food and Beverage Department.
Net Sales 4,00,000 Food and Beverage Cost 1,60,000 Payroll and Related expenses 40,000 Other expenses 20,000 Telephone Department:
Net Revenue 40,000 Cost of Calls 10,000 Payroll and Related expenses 10,000 Other Expenses 5000 Transportation Department:
Net Revenue 25,000 Payroll and Related expenses 15,000 Other Expenses 10,000 Administrative and General:
Payroll and Related expenses 50,000 Other expenses 10,000 Property Operation, Maintenance and Energy Cost:
Payroll and Related expenses 25,000 Other Expenses 10,000 Marketing Department:
Payroll and Related Expenses 20,000 Other Expenses 5000 Other Fixed Expenses:
Rent, Rates, Taxes 20,000 Depreciation 20,000 Other Income:
Rentals and others 1,00,000 Profit on sale of fixed assets 25,000