NET INCOME
|
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| 2023 |
$114,500
|
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| DevAV | ||||||||||||||
Revenue
|
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |
YTD
|
|
Sales
|
$50,000 | $63,098 | $55,125 | $23,881 | $60,775 | $44,500 | $50,000 | $62,500 | $44,850 | $51,000 | $53,250 | $59,000 |
$617,979
|
|
Sales Returns (Reduction)
|
$0 | ($500) | $0 | $0 | ($234) | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
($734)
|
|
Sales Discounts (Reduction)
|
($5,000) | ($5,250) | ($5,513) | ($5,788) | ($6,078) | ($5,250) | ($5,200) | ($5,500) | ($5,750) | ($5,800) | ($5,000) | ($4,856) |
($64,985)
|
|
Other Revenue 1
|
$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
$0
|
|
Other Revenue 2
|
$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
$0
|
|
Other Revenue 3
|
$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
$0
|
|
Net Sales
|
$45,000 | $57,348 | $49,612 | $18,093 | $54,463 | $39,250 | $44,800 | $57,000 | $39,100 | $45,200 | $48,250 | $54,144 |
$552,260
|
|
Cost of Goods Sold
|
$20,000 | $21,000 | $22,050 | $23,153 | $24,310 | $22,150 | $20,000 | $21,000 | $22,050 | $23,000 | $20,500 | $22,000 |
$261,213
|
|
Gross Profit
|
$25,000 | $36,348 | $27,562 | ($5,060) | $30,153 | $17,100 | $24,800 | $36,000 | $17,050 | $22,200 | $27,750 | $32,144 |
$291,048
|
|
Operation Expenses
|
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |
YTD
|
|
Salaries & Wages
|
$7,500 | $7,875 | $8,269 | $8,682 | $9,116 | $8,500 | $8,000 | $8,500 | $7,950 | $9,000 | $8,650 | $7,950 |
$99,992
|
|
Depreciation
|
$500 | $525 | $551 | $579 | $608 | $560 | $500 | $525 | $550 | $610 | $580 | $590 |
$6,678
|
|
Rent
|
$1,500 | $1,575 | $1,654 | $1,736 | $1,823 | $1,620 | $1,700 | $1,750 | $1,680 | $1,820 | $1,690 | $1,725 |
$20,273
|
|
Office Supplies
|
$475 | $499 | $524 | $550 | $577 | $525 | $500 | $499 | $550 | $525 | $577 | $475 |
$6,276
|
|
Utilities
|
$123 | $123 | $123 | $123 | $123 | $123 | $123 | $123 | $123 | $123 | $123 | $123 |
$1,476
|
|
Telephone
|
$68 | $68 | $68 | $68 | $68 | $68 | $68 | $68 | $68 | $68 | $68 | $68 |
$816
|
|
Insurance
|
$125 | $125 | $125 | $125 | $125 | $125 | $125 | $125 | $125 | $125 | $125 | $125 |
$1,500
|
|
Travel
|
$250 | $263 | $276 | $289 | $304 | $285 | $250 | $275 | $285 | $260 | $270 | $250 |
$3,256
|
|
Maintenance
|
$100 | $105 | $110 | $116 | $122 | $105 | $100 | $110 | $120 | $115 | $100 | $110 |
$1,313
|
|
Advertising
|
$200 | $210 | $221 | $232 | $243 | $250 | $225 | $210 | $240 | $235 | $225 | $200 |
$2,690
|
|
Other 1
|
$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
$0
|
|
Other 2
|
$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
$0
|
|
Other 3
|
$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
$0
|
|
Total Operation Expenses
|
$10,841 | $11,367 | $11,920 | $12,500 | $13,109 | $12,161 | $11,591 | $12,185 | $11,691 | $12,881 | $12,408 | $11,616 |
$144,270
|
|
Income From Operations
|
$14,159 | $24,981 | $15,642 | ($17,560) | $17,044 | $4,939 | $13,209 | $23,815 | $5,359 | $9,319 | $15,342 | $20,528 |
$146,777
|
|
Interest Income (Expense)
|
($100) | ($105) | ($110) | ($116) | ($122) | ($110) | ($100) | ($110) | ($115) | ($120) | ($105) | ($115) |
($1,328)
|
|
Income Before Income Taxes
|
$14,059 | $24,876 | $15,532 | ($17,675) | $16,922 | $4,829 | $13,109 | $23,705 | $5,244 | $9,199 | $15,237 | $20,413 |
$145,450
|
|
Income Tax Expense
|
$2,400 | $2,500 | $2,600 | $2,700 | $2,900 | $2,500 | $2,600 | $2,500 | $2,400 | $2,700 | $2,650 | $2,500 |
$30,950
|
|
Net Income
|
$11,659 | $22,376 | $12,932 | ($20,375) | $14,022 | $2,329 | $10,509 | $21,205 | $2,844 | $6,499 | $12,587 | $17,913 |
$114,500
|
|