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Prepare an internal short form income statement based on the following data for hotel Sivad, inc. The data is for the year ended September 30,

Prepare an internal short form income statement based on the following data for hotel Sivad, inc.

The data is for the year ended September 30, 20XX.

Income of Revenue Centers:

Rooms $776,786

food and beverage 119,726

Telecommunications (15,610)

vending machine commisions 1500

Cash discounts earned 2700

Interest income 800

Expenses of Support Centeres:

Administrative and General 158,684

Marketing 48,209

property operations and maintenance 88,296

Other Expenses:

Utility costs 81,420

Rent 135,225

Property Taxes 55,650

Insurance 9,986

Interest 52,148

Depreciation and Amortization 115,860

Income Taxes 48,707

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