The table below shows the income and expenditure of Harckley Hall, a public place for hiring over the period of 3 years.
The given table gives details of how Harckley Hall gains revenue and total costs among 3 years. As can easily be seen, hiring room accounts for the largest proportion in income, and the net income is on a downtrend.
In terms of Income, Harckley Hall received 34,000 from room-rental in year 1 before slightly rose by 1,000 in the next year and fall to 32,000 in year 3. The money made from café is insignificant as compared to other 4 income sources, standing at 4,000 in year 3 after little fluctuating. Funding from Local Council remained the most stable as 22,000 of revenue came from this in year 1 and 2, prior to a slight decrease by 1,000, which is slightly slower than the funds from other sources combined – an annual rise to 27,000 in year 3.
The total income remained nearly the same at around 84,000 over the period. However, the net profit saw a continuous decrease to 22,000 in year 3 since the Hall spent more money each year with 62,000 in year 3, which is 6,000 higher than the costs of year 1.
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