You have just opened a new restaurant and you have carried out some cost analysis to get an idea when you think you will break even (when your total revenue/income equals your total
expenses/costs).
Initially, you invested $150 000 into the restaurant. You have estimated, that for each month, you
will spend $5700 on salaries, $2300 on supplies, $3600 on shop rental, and $1100 on bills.
You have also estimated that you expect to earn an average of $650 each day from your food sales
in the restaurant. You can assume that there are 30 days in a month and that your restaurant is
open every day.
1. Assuming time = 0 represents April 2021, determine in what month you expect to break
even. You must show all steps algebraically by starting with two equations, one representing your
total revenue and one representing your total expenses .