Day Street Deli's owner is disturbed by the poor profit performance of his ice cream counter. He has prepared the following profit analysis for the year just ended Sales Less: Cost of food Gross profit Less: Operating expenses: $45,000 20,000 $25,000 Wages of counter personnel Paper products (e.g., napkins) Utilities (allocated) Depreciation of counter equipment and furnishings Depreciation of building (allocated) Deli manager's salary (allocated) Total $12,000 4,000 2,900 2,500 4,000 3,000 28,400 $ (3,400) Loss on ice cream counter Required: Correct the owner's profit analysis for the year just ended Less: Operating expenses Total