Question: ABC Bakery is hit by a tornado. There is an estimated damage to repair the building of $ 1 2 0 , 0 0 0

ABC Bakery is hit by a tornado. There is an estimated damage to repair the building of $
120,000. ABC estimates that it would take 4 months to reopen the bakery during which time
their sales are cut by 60%(sales only through delivery), and cost of goods cut by 30%. During
the time they are close, they spend $3000 on ads, continue to pay 72% of the total salary to
employees, and incur monthly utility expenses of $5000.
Before the tornado, their monthly income and expenses are:
Sales
Expenses
Advertisement
$5,152
Cost of goods sold
$47,625
Salaries
$55,846
Utilities
$7,997
Calculate the consequential loss up to 2 decimal places.
 ABC Bakery is hit by a tornado. There is an estimated

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