Vancouver Surrey Revenues $ 1:150:000 $ 850,000 Operating costs: Cost of goods sold 750,000 Y00,000 Lease rent (renewable each year) 86,000 78,000 Labour (paid on an hourly basis) 42,000 43,000 Depreciation of equipment 23,000 25,000 Utilities (electricity, heating) 41,000 54,000 Allocated corporate overhead 54'000 31000 996,000 937,000 Total operating costs Operating income (loss) w w