3. Star Trek Food Services is contemplating a new restaurant project, in which the company will invest $350,000, and will use a bank loan of $250,000 with an annual interest of 9%. The company requires a 22% return on investment from this project. The proposed restaurant will have 100 seats and will be open six days per week. See below the estimated annual fixed costs, variable costs and turnover per meal period. The average tax rate of the company is 2 5%. Annual Fixed Costs Rent Insurance Depreciation Salaries Utilities Other Variable Costs (90 Food costs Wage costs Supplies Utilities Other Turnover (times 38,000 8,000 32,000 178,000 32,100 27,800 32% 19% 10% 3% 4% Breakfast Lunch Dinner Given this information: Determine the average check of the proposed restaurant? What should be the average check for each meal period (breakfast, lunch and dinner), given the sales mix below a. b. Sales Mix Breakfast Lunch Dinner 20% 30% 50% 3. Star Trek Food Services is contemplating a new restaurant project, in which the company will invest $350,000, and will use a bank loan of $250,000 with an annual interest of 9%. The company requires a 22% return on investment from this project. The proposed restaurant will have 100 seats and will be open six days per week. See below the estimated annual fixed costs, variable costs and turnover per meal period. The average tax rate of the company is 2 5%. Annual Fixed Costs Rent Insurance Depreciation Salaries Utilities Other Variable Costs (90 Food costs Wage costs Supplies Utilities Other Turnover (times 38,000 8,000 32,000 178,000 32,100 27,800 32% 19% 10% 3% 4% Breakfast Lunch Dinner Given this information: Determine the average check of the proposed restaurant? What should be the average check for each meal period (breakfast, lunch and dinner), given the sales mix below a. b. Sales Mix Breakfast Lunch Dinner 20% 30% 50%