5.5 You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: $400,000 220,000 5,000 30,000 2,500 50,000 10,000 Revenues (10,000 visits) Wages and benefits Rent Depreciation Utilities Medical supplies Administrative supplies Assume that all costs are fixed, except supply costs, which are van- able. Furthermore, assume that the clinic must pay taxes at a 30 per cent rate. a.) Construct the clinic's projected P&L statement. b.)What number of visits is required to break even? c. What number of visits is required to provide you with an after tal profit of $100,000 5.6 (Hint: The concept of operating leverage, reviewed in this proble covered in the Chapter 5 Supplement.) Review the walk- in cinit