Profit/loss statement 2022-23 Revenue Food sales $5,23,500.00 Beverage sales $2,82,200.00 Total $8,05,700.00 Costs Food costs $1,75,372.50 Beverage cost $1,13,585.50 Total $2,88,958.00 Gross profit $5,16,742.00 Expenses Wages $2,20,842.37 Employee benefits $36,337.07 Direct operating expenses $35,128.52 Music and entertainment $7,573.58 Advertising and promotion $24,573.85 Power and phone $15,630.58 Administrative and general $30,938.88 Repairs and maintenance $19,336.80 Total $3,90,361.65 Fixed cost Interest $11,924.36 Rates $4,000.00 Insurance $7,440.94 Sub-total $23,365.30 Net profit $1,03,015.05