Problem 4 Marita Lo, the owner of the Malo Diner, has requested your assistance in determining some monthly expenses. She provides you with the following information: Food Beverages Beginning inventory, 1/1 $ 8,000 $ 3,000 Ending inventory, 1/31 $10,000 $ 3,500 Purchases $40,000 $20,000 Employee meals $ 500 Food transfers to beverage department $ 300 Required: Determine the following: 1. Cost of food used 2. Cost of food sold 3. Cost of beverages sold al