Based on the financial statement below, what is the Beverage Cost of Sales percentage rounded to two decimal points? Ramsey Hills Country Club Statement of Activities Period Ending xxlxxlxxxx Line REVENUE $300,000 Food Sales Beverage Sales 90,000 Subtotal F&B Sales 390,000 15,000 Unspent Food Minimum 50,000 7 Set Up Charges 8 Room Charges 13,000 2,500 9 AudioNisual/Other 80,500 Subtotal Other Revenue 10 11 12 Total Food & Beverage Revenue 470,500 13 14 COST of SALES 105,000 15 Food Purchases 30,000 16 Beverage Purchases -30.000 17 Employeed Comp Meal Credits 18 Total Cost of Sales 105,000