The Robinson Diner, managed by Ina Fay, needs you assistance in preparting its 20X8 operating budget. Since the diner is a sole proprietorship, it will not pay income taxes. She provides you with the following information.
	Food sales - estimated				600,000
	Other Revenue				5% of total revenue
	Expenses		Fixed		Variable*
	Labor		100,000		10%
	Cost of Sales		-		30%
	Supplies		-		3%
	Energy		10,000		4%
	Marketing		5,000		2%
	Maintenance		10,000		3%
	Property Taxes		3,000		-
	Depreciation		15,000		-
	Property Insurance		4,000		-
	Rent		3,000		-
	*AS A PERCENTAGE OF FOOD SALES
	Prepare the Operating budget for 20X8