Question: The Quick Stop is a fast-food restaurant. During March, Quick Stop recorded the following sales to customers and costs of doing business: Sales to customers

The Quick Stop is a fast-food restaurant. During March, Quick Stop recorded the following sales to customers and costs of doing business:

Sales to customers ...........$4,400

Cost of food products used ........ 2,100

Cost of rented building and equipment ... 1,250

Cost of employee labor services used ..... 1,000

Maintenance and utilities used ...... 600

Prepare a schedule that shows the amount of profit (or loss) earned by Quick Stop during March.


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