Year Year $1$ Year $2$

Total Rooms available $18,25018,250$

Rooms occupied $10,95012,775$

Occupancy Levels $60\%70\%$

Room Rate $350400$

Rev Par $210280$

Total Revenues $5,982,5007,764,500$

Room Expense $766,5001,022,000$

Food & Beverage Expense $1,500,0001,875,000$

Other Expenses $22,50023,175$

Operating Profit $3,693,5004,844,325$

Fixed & Other Expenses $1,196,5001,552,900$

Gross Operating Income $2,497,0003,291,425$

Replacement Reserve $179,475310,580$

Insurance Tax $119,650122,043$

Net Operating Income $2,197,8752,858,802$

Based on the information above calculate break even point