Revenues: Conduct a vertical analysis (common-size analysis) for the income statements of Pat's Place using the years ending December 31, 2015 and 2016 information available. 1. Pat's Place 2015 2016 2015 % 2016% Change in % Rooms 976,000 1,041,000 Food 604,000 626,000 37.06 36.42 0.64 Telephone 50,000 52,000 Total Revenues 100.00 100.00 0.00 Direct Expenses (Cost of Sales): Rooms 250,400 264,000 31.52 3147 -0.05 Food 476,000 507,000 59.92 60.43 051 Telephone 68,000 68,000 8.56 8.10 -0.46 Total Cost of Sales 794,400 839,000 48.74 48.81 0.07 Gross Profit: Rooms 725,600 777,000 44.52 45.201 0.69 Food 128,000 119,000 7.85 6.92 0.93 Telephone -18,000 -16,000 -1.10 -0.93 0.17 Total Gross Profit 835,600 880,000 51.26 51.19 -0.07 Operating (Controllable). Expenses: