Income Statement

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					INCOME STATEMENT
Qtr 1 ------Gross Income Product Sales Income from Service Other Sales Other (Interest Income) Total Gross Income Cost of Goods Sold Gross Margin Operating Expenses Salaries and Wages Benefits Health Insurance Payroll Taxes Office Rent Supplies Postage Telephone Insurance Dues and Subscriptions Advertising and Artwork Travel and Entertainment Professional Fees Depreciation Maintenance Interest Equipment Rental Other Total Operating Expenses Profit before Taxes Income Taxes Net Income 50,000 25,000 1,500 0 ------76,500 0 ------76,500 Qtr 2 ------55,000 32,000 1,500 0 ------88,500 0 ------88,500 Qtr 3 ------60,000 35,000 1,500 0 ------96,500 0 ------96,500 Qtr 4 ------70,000 40,000 1,500 0 ------111,500 0 ------111,500 Total ------235,000 132,000 6,000 0 ------373,000 0 ------373,000

9,000 300 495 0 1,842 400 120 1,050 75 120 3,000 1,500 750 #DIV/0! 400 0 900 400 ------#DIV/0! ------#DIV/0! #DIV/0! ------#DIV/0! -------

9,000 300 495 0 1,842 400 120 1,050 75 120 3,000 1,500 750 #DIV/0! 400 0 900 400 ------#DIV/0! ------#DIV/0! #DIV/0! ------#DIV/0! -------

9,000 300 495 0 1,842 400 120 1,050 75 120 3,000 1,500 750 #DIV/0! 400 0 900 400 ------#DIV/0! ------#DIV/0! #DIV/0! ------#DIV/0! -------

9,000 300 495 0 1,842 400 120 1,050 75 120 3,000 1,500 750 #DIV/0! 400 0 900 400 ------#DIV/0! ------#DIV/0! #DIV/0! ------#DIV/0! -------

36,000 1,200 1,980 0 7,368 1,600 480 4,200 300 480 12,000 6,000 3,000 #DIV/0! 1,600 0 3,600 1,600 ------#DIV/0! ------#DIV/0! #DIV/0! ------#DIV/0! -------


				
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