PROFIT and LOSS Statement Year 1 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Revenue:Gross Sales Less: Sales Returns and Allowances Net Sales 0 0 0 0 0 0 0 0 0 0 0 0 Cost of Goods: Materials Variable Labor Misc. 0 0 0 0 0 0 0 0 0 0 0 0 Less: Ending Inventory Cost of Goods Sold 0 0 0 0 0 0 0 0 0 0 0 0 Gross Profit (Loss) 0 0 0 0 0 0 0 0 0 0 0 0 Controllable Expenses: Advertising Payroll Payroll Taxes and Benefits Sales Commissions Professional Fees Operating Supplies Travel Communications Maintenance and Repairs Office Supplies Miscellaneous Fixed Expenses: Permits and Licenses Interest Depreciation Property Taxes Rent Insurance Utilities Bad Debts Bank Service Charges Amortization Total Expenses 0 0 0 0 0 0 0 0 0 0 0 0 Net Operating Income 0 0 0 0 0 0 0 0 0 0 0 0 Other Income: Gain (Loss) on Sale of Assets Interest Income Total Other Income 0 0 0 0 0 0 0 0 0 0 0 0 Net Income (Loss) 0 0 0 0 0 0 0 0 0 0 0 0 Taxes Net Income (Loss) after taxes 0 0 0 0 0 0 0 0 0 0 0 0