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The following information relates to the operations of a restaurant: Food Sales $42,000 Beverage sales $18,000 Cost of food sales $12,600 Cost of beverage sales

 

The following information relates to the operations of a restaurant:

Food Sales $42,000

Beverage sales $18,000

Cost of food sales $12,600

Cost of beverage sales $ 4,500

Gross Margin ?

Operating expenses $17,900

What is the Net Income for the business?

A $42,900

B $25,000

C $17,900

D $17,100

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