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begin{tabular}{|l|r|l|} hline 1. Prepare the Balance Sheet for & Landscaping as of December 31, 2023 hline (Use the template provided on the & Balance
\begin{tabular}{|l|r|l|} \hline 1. Prepare the Balance Sheet for & Landscaping as of December 31, 2023 \\ \hline (Use the template provided on the & Balance Sheet Tab) \\ \hline Cash & & \\ \hline Inventory & 45,000 & \\ \hline Accounts Receivable & 8,000 & \\ \hline Land & 10,000 & \\ \hline Buildings & 35,000 & \\ \hline Accumulated Depreciation & 60,000 & \\ \hline Accounts Payable & 10,000 & \\ \hline Notes Payable & 10,000 & \\ \hline Owner's Capital & 22,000 & \\ \hline & 116,000 & \\ \hline 2. Prepare an Income Statement for & & \\ \hline (Use the template provided on the Income Statement Tab) \\ \hline & & \\ \hline Sales & 100,000 & \\ \hline Sales Returns and Allowances & 5,000 & \\ \hline Utilities Expense & 1,200 & \\ \hline Insurance Expense & 1,500 & \\ \hline Salaries Expense & 45,000 & \\ \hline Rent Expense & 12,000 & \\ \hline Cost of Goods Sold & 30,000 & \\ \hline Depreciation Expense & 3,000 & \\ \hline & & \\ \hline \end{tabular} 3. Compute the Break-even Analysis problem.. Using the following information, answer the questions below (Complete the problem on the Break Even Tab) Mama's Pizzeria only sells pepperoni pizzas. The restaurant insurs the following expenses: Selling Price is $14.50 per pizza Fixed Costs Per Month General Labor Rent Utilities Variable Costs Per Pizza 1,500 Flour 0.5 U 3,000 Cheese 2.5 \begin{tabular}{|l|l|r|} \hline & \multicolumn{2}{|c|}{ Sauce } \\ \hline 1. What is the contribution margin per pizza? & & \\ \hline \end{tabular} 2. How many pizzas must the restaurant sell in order to break even every month? \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|l|}{} \\ \hline \multicolumn{2}{|l|}{} \\ \hline & & \\ \hline Net Sales & & \\ \hline & & \\ \hline Gross Profit & & \\ \hline Operating Expenses: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}
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