Sure, let's complete the income and expense statement based on the given details for the sale of 240 tortillas. Here's a breakdown of the income and expenses:
1. Income:
- Sale of 240 tortillas
2. Expenses:
- Cost of each tortilla
- Total Cost of 240 tortillas
Given these components, I'll fill in the income and expense statement with specific values step-by-step.
### Completed Income and Expense Statement
\begin{tabular}{|l|l|l|}
\hline \multicolumn{2}{|c|}{ Income } & \multicolumn{1}{|c|}{ Expense } \\
\hline \begin{tabular}{l}
Sale of \\
240 tortillas
\end{tabular} & 240.0 & \\
\hline & & \begin{tabular}{l}
Cost of each \\
tortilla
\end{tabular} & 0.5 \\
\hline Total Income & 240.0 & \begin{tabular}{l}
Total Cost of 240 tortillas \\
\end{tabular} & 120.0 \\
\hline
\end{tabular}
### Calculation of Profit
[tex]\[
\text{Profit} = \text{Total Income} - \text{Total Expenses}
\][/tex]
[tex]\[
\text{Profit} = 240.0 - 120.0 = 120.0
\][/tex]
Chloe made a profit of 120.0 units from selling 240 tortillas.
