PLEASE FILL OUT CHART IN PICTURE ACCORDING TO THE INFO BELOW:

Steve and Linda Hom live in Bartlesville, Oklahoma. Two years ago, they visited Thailand. Linda, a professional chef, was impressed with the cooking methods and the spices used in Thai food. Bartlesville does not have a Thai restaurant, and the Homs are contemplating opening one. Linda would supervise the cooking, and Steve would leave his current job to be the maitre d$\text{'}.$ The restaurant would serve dinner Tuesday through Saturday,Steve has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four. Tables can be moved together for a large party. Linda is planning on using each table twice each evening, and the restaurant will be open $50$ weeks per year.The Homs have drawn up the following estimates:

Average revenue, including beverages and desserts$-$ $$45$ per meal

Average cost of food$-$ $$15$ per meal

Chef's and dishwasher's salaries$-$ $$5,100$ per month

Rent $($premises$,$ equipment$)-$ $$4,000$ per month

Cleaning $($linen$,$ premises$)-$ $$800$ per month

Replacement of dishes, cutlery, glasses$-$ $$300$ per month

Utilities, advertising, telephone$-$ $$2,300$ per month

Requirements:

$1.$ Compute the annual breakeven number of meals and sales revenue for the restaurant.

$2.$ Compute the number of meals and the amount of sales revenue needed to earn operating income of $$75,600$ for the year.

$3.$ How many meals must the Homs serve each night to earn their target profit of $$75,600?$

$4.$ What factors should the Homs consider before they make their decision as to whether to open the restaurant?