Rocky claims his first unit paid for itself in six months. Are the financial statements that attractive? Determine profit before taxes (as a percent of sales) for the Chicago unit. (The income statement for the Chicago unit is given below.) NEED HELP ASAP!

Income Statement (Chicago Benihana) Sales 2,300,000 Food revenue (70% of sales) 1,610,000 Food cost (30% of food revenue) 483,000 Gross margin 1,127,000 Beverage revenue (30% of sales) 690,000 Beverage cost (20% beverage sales) 138,000 Gross margin 552,000 Total Gross Margin 1,679,000

Operating Expenses Labor (10% of sales) 230,000 Rent (5% of sales) 115,000 Advertising (10% of sales) 230,000 Management (6% of sales) 138,000 Miscellaneous (10% of sales) 230,000 943,000 Profit before tax 736,000