4. Donna Drysdale, co-owner of Drysdale Pizza, provides you with the following information for 2019 and 2020: 2019 2020 Food sales $800,000 $850,000 Other sales 50,000 60,000 Total sales 850,000 910,000 Cost of food sold 160,000 170,000 Cost of other sales 20,000 24,000 Total cost of sales 180,000 194,000 Gross profit 670,000 716,000 Controllable expenses: Salaries and wages 160,000 170,000 Employee benefits 50,000 55,000 Other expenses 150,000 170,000 Income before occupation costs, interest, and depreciation 310,000 321,000 Depreciation expense 80,000 80,000 Interest expense 80,000 75,000 Occupation costs 40,000 45,000 Income before income taxes 110,000 121,000 Income taxes 30,000 35,000 Net income $80,000 86,000