Exercise 14-33 Drop Product Line (LO 14-4, 14-5) 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 yearjust ended, Sales $79,666 Less: Cost of food 37,666 Gross profit $42,666 Less: Operating expenses: Wages of counter personnel $18,866 Paper products (e.g., napkins) 7,466 Utilities (allocated) 4,666 Depreciation of counter equipment and furnishings 4,266 Depreciation of building (allocated) 7,466 Deli manager's salary (allocated) 4,766 Total 47, 166 Loss on ice cream counter $(5,166) Required: Correct the owner's profit analysis for the yearjust ended. Less: Operating expenses _