1 You are provided with the following regarding the financial information related to Bay Valley Restaurant food operations for the year ended 31 December 2016 The trial balance at 31 December 2016 is as follows: $ Sales revenue: Banquets Grill Room Coffee shop Food Inventory at January 1, 2016 56 250 Food inventory at December 31, 2016 37 500 Purchases 834 416 Transfers: Kitchen to bar 1 125 Bar to Kitchen 188 Promotional meals 2 813 Complimentary meals 788 Salaries and wages 654 000 Employee meals cost 64 500 Income from employee meals 645 Guess supplies 38 625 China and glassware expense 16 125 Revenue from renting chairs Uniforms expense 2 250 7125 48 750 Laundry expense Electricity expense Water expense Kitchen equipment cost Additional Information: 18375 23 250 65 000 S 1119 000 574 125 279 588 Depreciation on kitchen equipment is 10% on cost using the straight line method Required: A. Prepare a Food Department Income Statement for the year ended December 31, 2019 (17 marks) B. State the THREE (3) main content of the income statement. (3 marks) (Total 20 marks)