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The following is Gamma Hotel's income statement for the year ended April 30,2020 . Gamma Hotel is a limited-service hotel with 18 rooms and no

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The following is Gamma Hotel's income statement for the year ended April 30,2020 . Gamma Hotel is a limited-service hotel with 18 rooms and no food and beverage operations Management does not intend to spend a lot of time and money on budgeting. The manager has determined the 2021 budgeted income statement should simply reflect the following predicted changes from the 2020 income statement: - Revenues will increase by 1.5% - Marketing costs will decrease by 6% - Management salaries willincrease by 39 - Variable wages will remairi consistent as a percentage of revenue - Utitities will increase by 3% - Administrative costs and rent will remain the same Donotientercfoliarsigns or commas in the incut boxes Prepare the budgeted income statement for the year ending Appt 38.2021 using the incrementat buggeting aporeach: Prepare the buageted income statement for the year ending Apri 3U,2UL using the

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