2. Bart Masterson is considering leasing a 1,100 square foot restaurant loca-tion housed in a strip shopping mall. Bart has plans to open, in a space of about that size, an operation featuring Caribbean-style foods. The owner of the space wants a rent of $5.85 per square foot per month for the location. Bart feels he can make a good profit in this proposed location if his space rental cost is 6 percent or less of his gross sales. Help Bart complete the worksheet he has begun to determine the annual sales volume his opera-tion must generate to achieve a 6 percent space rental cost in this proposed location, and then answer the questions that follow. Bart's Proposed Rental Space Space Cost per Square Foot $5.85 Monthly Annual # of square feet 1,100 $ % $ % Total revenue 100% 100% Space rental cost 6.0% At what monthly total revenue would Bart's space rental cost equal 6 percent of his sales? At what annual total revenue would Bart's space rental cost equal 6 percent of his sales?