Use the following information for the next 2 questions. You…
Use the following information for the next 2 questions. You own a kids clothing store that is not doing very well. It is currently June 2023, and you signed a lease January 1, 2023 that is up December 31, 2023 and it costs you $3500 per month. You have a contract with a consultant that expires in March of 2024 that costs $800 per month. Your employees cost $4000 per month to staff your store and your wholesale costs for the goods you sell are $5000 per month. Your current revenue is $11,100 per month and you expect it to continue at that amount.