7'. After working for years as a chef, your cousin Julia is thinking about opening her own restaurant and has asked you to help with her nancial analysis. To open the restaurant she will have to quit her current job (which pays $46k a year). Basic expenses: She will have to invest her savings of $200k (currently earning 6% annually) in equipment. She estimates she will have to spend $4]: during the rst year to maintain the equipment and preserve its market value of $200k. She would not pay rent: A year ago her father gave her title to a small building, whose current tenant is a shopkeeper. The tenant estimates that he nets $3,000 a month from sales, over and above the $2,500 a month he pays in rent. Other expenses: She anticipates spending $50k a year for food, $40k for extra help, and $14k for utilities and other supplies during the rst year of operations. Julia's Question to you: How much revenue would she need to generate to make her rst year more protable than staying in her current job