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make a balance sheet from this income statement Food Sales 1,300,000 Alcholic beverage sales Total Sales Food & condiments Alcholic beverages Employee Wages Salary (Victoria)

make a balance sheet from this income statement
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Food Sales 1,300,000 Alcholic beverage sales Total Sales Food & condiments Alcholic beverages Employee Wages Salary (Victoria) Employee Benefits Cost of Sales Gross Profit 377,000286,00050,00042,000755,000545,000 Expenses Franchise Royalty Fee Management Bonus Uniform Rental Paper Goods \& Consumables Depreciation Expense/ Amortization Expense Accounting Advertising fee Advertising - local Systems fee 78,000 7,250 2,160 39,000 67,000 8,000 7,000 39,000 13,000 19,500 Systems support Rent Property Taxes Personal Property Taxes CAM fees Property Maintenance Utilities Insurance Credit Card fees Banking charges Travel/mileage Total Expenses Operating Profit Interest Expense Net income EBITDA 170,240 1. 12.5% of wages and salaries 2. $335K of equipment//5 years 3. $75K startup +$45K fee) /15 years 4. Includes required audit Cash Flow (Year 1)

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