Ralph's Restaurant has the following information for year 2, when several new employees were added to the waitstaff: Sales revenue Cost of food served Employee wages and salariesb $1,000,000 350,000 250,000 100,000 Building costs (rent, utilities, etc.)d 150,000 Manager salaries 8 5 percent of this cost was for food that was not used by the expiration date and 10 percedt was for food that was incorrectly prepared because of errors in orders taken. b 15 percent of this cost was for time spent by cooks to reprepare orders that were incorrectly prepared because of errors in orders taken. C20 percent of this cost was time taken to address customer complaints about incorrect orders. d 80 percent of the building was used. Required: a. Using the traditional income statement format, prepare a value income statement. (Loss amounts should be indicated with a minus sign.)