$1.$ The LaSorda Inns condensed income statement for $20$x$3$ and $20$x$4$ is as follows:$20$x$320$x$4$Rood Revenue$$3,450,000$$$3,675,000$Room department expenses$1,450,0001,500,000$Undistributed operating expenses$800,000875,000$Gross operating profit$1,200,0001,300,000$Insurance, property taxes, and depreciation$400,000450,000$Interest expense$100,00090,000$Income before income taxes$700,000760,000$Income taxes$210,000228,000$Net income$$490,000$$$532,000$The Lasorda Inn has $100$ guestrooms only and its paid occupancy percentage was $78$ percent and $80-$ percent for $20$x$3,$ respectively. Assume all rooms in the hotel were available for sale. $$Q:$$ Calculate the following for $20$x$3$ and $20$x$4\mathrm{.}1)$ Profit margin