The Food King Company owns and operates a chain of 50 stores. Budget data for the Cypress Store are as follows: Annual Sales: $ 425,000 Annual Cost…

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The Food King Company owns and operates a chain of 50 stores. Budget data for the Cypress Store are as follows:Annual Sales: $ 425,000Annual Cost of Goods Soldand other Operating Expenses: $ 382,000Annual Building OwnershipCosts(not included above): $ 20,000The Company can continue to operate the Cypress Store or lease the building to a large flower dealer for $ 4,000 per month. Should the Company lease the building or continue to operate their food store? You must show your calculation to support your answer.

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