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What would speedy chef income before taxes

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Question - For the year 2015, Speedy Chef, a fast food restaurant, had a Gross Profit of $1,281,648. Speedy Chef had the following expenses:

Cost of Goods Sold $1,251,167

Selling Expense $70,578

Rent Expense $156,941

Utilities Expense $73,994

Insurance Expense $35,148

Wages $505,245

General & Administrative $24,358

Miscellaneous $32,968

Interest Expense $4,059

Income Tax Expense $60,596

What would Speedy Chef's Income Before Taxes be for 2015?

Reference no: EM132158674

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