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The Express BanquetExpress Banquet has two restaurants that are open 2 4 hours a day. Fixed costs for the two restaurants together total $ 4

The Express BanquetExpress Banquet has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $ 495 comma 000$495,000 per year. Service varies from a cup of coffee to full meals. The average sales check per customer is $ 8.25$8.25. The average cost of food and other variable costs for each customer is $ 3.30$3.30. The income tax rate is 3030%. Target net income is $ 138 comma 600$138,600.
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1. Compute the revenues needed to earn the target net income.
2. How many customers are needed to break even? To earn net income of $ 138 comma 600$138,600?
3. Compute net income if the number of customers is 145 comma 000145,000.

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