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You run a nail salon. Fixed monthly cost is $5,820.00 for rent and utilities, $6,237.00 is spent in salaries and $1,244.00 in insurance. Also every

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You run a nail salon. Fixed monthly cost is $5,820.00 for rent and utilities, $6,237.00 is spent in salaries and $1,244.00 in insurance. Also every customer requires approximately $2.00 in supplies. You charge $71.00 on average for each service, You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,307.00, salaries to $6,404.00 and insurance to $2,484.00 per month. Cost of supplies will increase to $8.00 per service. However you can now charge $153.00 per service. What is the PROFIT or Loss at the crossover point? If a loss include the Submit Answer format: Number: Round to: 2 decimal places

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