Question

If the bakery started with an extra $250 from the profits in December describe how to use the information in the table to figure out the profit or loss of money at the bakery by the end of August. Then calculate the profit or loss.

Answer 1

By adding all of the income, subtracting all the expenses, and adding the 250. you can find the profit(or loss).
They would have $948.11

Answer 2

if December profit is $ 250

the January there  is loss of $85.6 (  income 1205   - expenses 1290.60)

               expenses more than income so loss .

then February  is loss of $162.44 (  income $1183  - expenses $1345.44)  

                       again loss

In march there is no profit no loss as ( income and expenses is same $1664)

In June there is profit of $306.77  as ( income $2413 -  expenses $2106.23 )

       income is more than expense so profit

In July there is profit of $ 301.50 as ( income $2260 - expenses 1$958.50 )

 income is more than expense   so profit

In august there is profit of $ 337.88 as ( income $2183 - expenses $1854.12)

 income is more than expense   so profit

Profits - loss   (   250 + 306.77 + 301.50 +337.88   )  -  ( 85.60 + 162.44)

            $1196.15  -  $248.04  =  $948.11

at the end profit is more than loss so bakery is in profit of $948.11 by the end of august