PLEASE TYPE OUT ANSWERS WILL GIVE THUMBS UP

PROFIT AND LOSS PROBLEM $ _ _ Total SALES -COST OF FOOD $5800.00 Use food cost method of .30 -COST OF ALCOHOL (BEER, WINE, LIQUOR) $3200.00 Use profit desired of .60 -COST OF WASH $400.00 Use mark up of .50 GROSS MARGIN EXPENSES: LABOR $5400.00 RENT 5% OF SALES $ LAUNDRY $875.00 RENTALS $900.00 PRINTING $450.00 DECORATIONS (ICE CARVINGS) $375.00 FLOWERS $400.00 UTILITIES 3% OF SALES $ EMPLOYEE MEALS $375.00 S.SECURITY CONTRIBUTION 2% OF SALES $_ TAXES AND INSURANCE 1.5% OF SALES $_ MISC. EXPENSES $475.00 TOTAL OPERATING EXPENSES $ NET PROFIT $ PROFIT AND LOSS PROBLEM $ _ _ Total SALES -COST OF FOOD $5800.00 Use food cost method of .30 -COST OF ALCOHOL (BEER, WINE, LIQUOR) $3200.00 Use profit desired of .60 -COST OF WASH $400.00 Use mark up of .50 GROSS MARGIN EXPENSES: LABOR $5400.00 RENT 5% OF SALES $ LAUNDRY $875.00 RENTALS $900.00 PRINTING $450.00 DECORATIONS (ICE CARVINGS) $375.00 FLOWERS $400.00 UTILITIES 3% OF SALES $ EMPLOYEE MEALS $375.00 S.SECURITY CONTRIBUTION 2% OF SALES $_ TAXES AND INSURANCE 1.5% OF SALES $_ MISC. EXPENSES $475.00 TOTAL OPERATING EXPENSES $ NET PROFIT $