This document is Caf Quarterly Budget for the unit SITXFIN009 Account Month 1 Month 2 Month 3 Income Food sales 36,000 36,000 52,000 Beverage sales 24,000 24,000 40,000 Catering fees 10,000 10,000 5,000 Total income 70,000 70,000 97,000 Cost of sales Food purchases 15,000 15,000 24,000 Beverage purchases 5,000 5,000 12,000 Total cost of sales 20,000 20,000 36,000 Gross profit 50,000 50,000 61,000 Operating Expenses Wages 17,000 17,000 21,000 Insurance 600 600 600 Utilities 2,000 2,000 2,000 Rent 5,000 5,000 5,000 Marketing 2,000 2,000 2,000 Phone 100 100 100 Live music 500 500 500 Repairs and maintenance 500 500 500 Total operating expenses 27,700 27,700 31,700 Net profit/loss 22,300 22,300 29,300