* dessica runs a restaurant in New York City that specializes in Jamaican cuisine, She has compiled her sales and cost a from last year, and she wants to develon a budget for this vear, She has...

Hello! I am very confused on how to do this problem. I started it, but I just don't understand it. Thank you!

Extracted text: * dessica runs a restaurant in New York City that specializes in Jamaican cuisine, She has compiled her sales and cost a from last year, and she wants to develon a budget for this vear, She has projected the following increases for this year: Projected Increases Meals served 4% 2% Selling price per meal Cost of food Cost of labor 5% 10% Other expenses 2% 122000X.04=488o 122060t u8so=126880 A. Using this information, help Jessica complete her budget: 12.50x.02=0.25 Last Year 12.50+0.25=/2.75 Budget Meals served 126880 122,000 Selling price per meal $12.50 (2.75 12.75 COFI Mal= xF122,000 = 12.50.122,000 X=1525 000 x. 05= = 152,500o +76250 - 16012 5o 122,000 x.05%%-6160 1,52,5,000/122000=12.5 Last year's food cost per meal: $12.50 Last year's food cost per meal + Estimated increase: Estimated cost of food this year: Last year's labor cost per meal: Last year's labor cost per meal + Estimated increase: Estimated cost of labor this year: Last Year $ Last Year % Budget $ Budget % $1,525,000.00 $610,000.00 $488,000.00 Revenue Cost of food Cost of labor Other expenses $245,760.00 Total expenses $1,343,760.00 Profit $181,240.00