Instructions: Attached I send the balance sheet of stratford hotel and the income statement of Vacation inn. The balance sheet must be completed using the comparative method and the income statement using the common size.

Comparative Balance Sheets Stratford Hotel ASSETS Current Assets 19X2 5,434,200 10,409,510 LIARILIMIES Current maturities of long-term-debt OWNERS' EQUITY Additional Pald in Capital Total Liabillities and Owners' Equity 10,409,510 N.M Not Meaningful VACATION INN COMMON-SIZE INCOME STATEMENTS Total Revenue Rooms-Revenue 1,883,48 1,124,300 1,041,200 185,334 Payroll &Related Expenses Other Expenses Department Income 847,248 626,165 208,448 218,532 697,241 235,431 249,620 76,675 135,515 Food& Beverage-Revenue Cost of Sales Payroll & Related Expenses Other Expenses Department incom 132,672 Telephone-Revenue 61,914 Cost of Sales Payroll Related Expenses Other Expenses Department Income 46,505 14,317 16,289 Total Operated Department Income 893,848 970,533 Undistributed Operating Expenses Administrative and general Data Processing Human Resources Transportation Marketing Property Operation and Malntenance Energy Costs 72,721 26,818 66,816 28,942 21,5S5 79,760 Total Undistributed Operating Expenses 388,985 Income Before Fixed Charges Rent, Property Taxes and Insurance Interest Depreclation and Amortization Income Before income Taxes Income Taxes Net Income 52,148 115,860 61,841 87,287 $ 94,582