Profit and Loss Statement - Statement

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Profit and Loss Statement

Revenue Q1 Q2 Q3 Q4 Total
Product/Service 1 $100,000.00 $98,000.00 $93,000.00 $90,000.00 $381,000.00
Product/Service 2 $150,000.00 $155,000.00 $170,000.00 $160,000.00 $635,000.00
Product/Service 3 $120,000.00 $140,000.00 $140,000.00 $150,000.00 $550,000.00
Product/Service 4 $200,000.00 $210,000.00 $200,000.00 $220,000.00 $830,000.00

$0.00
Totals $570,000.00 $603,000.00 $603,000.00 $620,000.00 $2,396,000.00

COGS Q1 Q2 Q3 Q4 Total
Product/Service 1 $10,000.00 $10,000.00 $10,000.00 $11,000.00 $41,000.00
Product/Service 2 $25,000.00 $25,000.00 $25,000.00 $25,000.00 $100,000.00
Product/Service 3 $8,000.00 $9,000.00 $9,000.00 $9,000.00 $35,000.00
Product/Service 4 $15,000.00 $15,000.00 $15,000.00 $15,000.00 $60,000.00
Totals $58,000.00 $59,000.00 $59,000.00 $60,000.00 $236,000.00

Gross Profit (Revenue - COGS) $512,000.00 $544,000.00 $544,000.00 $560,000.00 $2,160,000.00

Expenses Q1 Q2 Q3 Q4 Total
Advertising & Promotion $20,000.00 $19,000.00 $18,000.00 $18,500.00 $75,500.00
Depreciation & Amortization $10,000.00 $12,000.00 $13,000.00 $14,000.00 $49,000.00
Insruance $1,500.00 $1,500.00 $1,500.00 $1,500.00 $6,000.00
Maintenance $1,500.00 $1,500.00 $2,000.00 $1,800.00 $6,800.00
Office Supplies $2,200.00 $2,300.00 $2,400.00 $2,200.00 $9,100.00
Rent $5,500.00 $5,600.00 $5,500.00 $5,600.00 $22,200.00
Salaries, Benefits & Wages $250,000.00 $250,000.00 $250,000.00 $250,000.00 $1,000,000.00
Telecommunication $1,000.00 $1,000.00 $1,000.00 $1,000.00 $4,000.00
Travel $2,600.00 $2,500.00 $2,550.00 $2,600.00 $10,250.00
Utilities $1,500.00 $1,500.00 $1,500.00 $1,500.00 $6,000.00
Totals $295,800.00 $296,900.00 $297,450.00 $298,700.00 $1,188,850.00

Tax Q1 Q2 Q3 Q4 Total
Income Tax (8.84%) $26,148.72 $26,245.96 $26,294.58 $26,405.08 $105,094.34
$0.00
Totals $26,148.72 $26,245.96 $26,294.58 $26,405.08 $105,094.34

Total Expenses (Expenses + Taxes) $321,948.72 $323,145.96 $323,744.58 $325,105.08 $1,293,944.34

Net Income (Gross Profit - Total Expenses) $190,051.28 $220,854.04 $220,255.42 $234,894.92 $866,055.66

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