INCOME STATEMENT
			YEAR ENDED DECEMBER 31, 200
						Change	Upcoming
Sales							Year
	Food			$1,120,964
	Beverage			$ 465,200.00
	Total Sales				$ 1,586,164.00
Cost of Sales
	Food		35.0%	$ 392,337.00
	Beverage		22.0%	$ 102,344.00
	Total Cost of Sales				$ 494,681.00
Gross Profit					$ 1,091,483.00
Controllable Expenses
	Salaries and Wages			$ 396,541.00
	Employee Benefits		25.0%	$ 99,135.00
	Other Controllable Expenses			$ 275,330.00
Total Controllable Expenses					$ 771,006.00
Income Before Occupancy costs		ancy Costs,			$ 320,477.00
Interest, Depreciation, and Income Taxes
Occupancy Costs				$ 75,230.00
Interest				$ 25,600.00
Depreciation				$ 79,099.00
Total					$ 179,929.00
Restaurant Profit					$ 140,548.00
1. Both food and beverage sales are expected to increase by 5 percent.
2. Food and beverage cost percentages will remain the same.
3. Salaries and wages will increase by 4 percent.
4. The cost of employee benefits will increase, but will continue to be the same percentage of salaries and wages.
5. Other controllable costs will increase by $6500.
6. Occupancy costs will increase by $2000.
7. Interest and depreciation will remain the same.