2. Based on the income statement below and a meal cost of $5.25, give the selling piece of an entree calculate the selling price utilizing the following methods. All percentages should be rounded to the nearest whole percentage. Income Statement Sales ............................................... $250,000.00 Cost of food sold ................................. 200,000.00 Gross prot ........................................ 500,000.00 Labor cost .......................................... 180,000.00 Operating expenses, .......................... 290,000.00 Prot ................................................... 80,000.00